China's shares fell after PBOC announcement

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Hong Kong stocks ended the week on the negative note after the PBOC announced that it will continue its prudent monetary policy. Negative headlines from the Eurozone and US also weighed on China's stocks. Hang Seng Index edged down by 0.12% to end the session at 19,666.18. Consumer services and basic materials were the top-performing sectors in the index. Sands China surged 4.19% after Nomura reported that gaming sector in Macau grew by 1.5% on a yearly basis. The weakest sectors were oil and gas and industrials, both falling by 1.04%. Shares of PertroChina and CNOOC declined 1.89% and 0.65%. Meanwhile, Citic Pacific and Hutchison Whampoa retreated 0.54% and 0.44%. Financials were mixed, with Bank of East Asia tumbled 1.64% while China Construction Bank climbed 0.38%.


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