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Hong Kong stocks plunge by break, Hang Seng drops 1.1pc

Hong Kong stocks plunge by break, Hang Seng drops 1.1pc

HONG KONG: The Hang Seng index dropped 1.1 percent, to 22,164.88 points, led by the Hong Kong China Enterprises Index which lost 1.6 percent, to 9,832.59.

The index measuring price differences between dual-listed companies in Shanghai and Hong Kong stood at 141.39.

A value above 100 indicates Shanghai shares are pricing at a premium to shares in the same company trading in Hong Kong, and vice versa.

The northbound quota for the Hong Kong-Shanghai Stock Connect, currently set at 13 billion yuan, saw net outflows of 0.07 billion yuan.

Total volume of A shares traded in Shanghai was 13.99 billion shares, while Shenzhen volume was 15.19 billion shares.

Total trading volume of companies included in the HSI index was 0.5 billion shares.