Hong Kong stocks end lower as energy weighs

Want Want China Holdings

24/06/2020 09:51

* HK->Shanghai Connect daily quota used 5%, Shanghai->HK
daily
quota used 0%
    * HSI -0.5%, HSCE -0.6%, CSI300 +0.4%
    * FTSE China A50 +0.5%

    June 24 (Reuters) - Hong Kong stocks fell on Wednesday,
weighed down by energy companies, while signs of an increase in
coronavirus cases added to the pressure.
    ** At the close of trade, the Hang Seng index  .HSI  was
down 125.76 points or 0.5%, at 24,781.58. The Hang Seng China
Enterprises index  .HSCE  fell 0.57% to 9,936.66.
    ** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  dipped 1.9%, while the IT sector  .HSCIIT  rose 0.25%,
the financial sector  .HSNF  ended 0.38% lower and the property
sector dipped 0.55%.
    ** The top gainer on the Hang Seng was AAC Technologies
Holdings Inc  2018.HK , which gained 5.44%, while the biggest
loser was CITIC Ltd  0267.HK , which fell 2.61%. 
    ** China will press the brakes on crude imports in the third
quarter, after record purchases in recent months, as higher oil
prices hurt demand and refiners worry about a second virus
outbreak, analysts and trade sources said.  urn:newsml:reuters.com:*:nL4N2E10D8 
    ** Fuelling concerns about sustained weakness in the pace of
the economic recovery was data showing several U.S. states
seeing record infections and the death toll in Latin America
passing 100,000, according to a Reuters tally.  urn:newsml:reuters.com:*:nL1N2E101R 
 urn:newsml:reuters.com:*:nL1N2E01HH 
    ** The European Union is even prepared to bar U.S.
travellers because of the surge of cases in the country, putting
it in the same category as Brazil and Russia, the New York Times
reported.  urn:newsml:reuters.com:*:nL1N2E01SB 
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.11%, while Japan's Nikkei index
 .N225  closed down 0.07%.
    ** The yuan  CNY=CFXS  was quoted at 7.0744 per U.S. dollar
at 08:29 GMT, 0.24% weaker than the previous close of 7.0575. 
    ** At close, China's A-shares were trading at a premium of
27.66% over Hong Kong-listed H-shares.

 (Reporting by the Shanghai Newsroom; Editing by Krishna Chandra
Eluri)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))