Hang Seng index sheds 1.1% on rising Spanish and Italian yields

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Source: Dukascopy Bank
Hong Kong's shares kept falling on Wednesday as Italian and Spanish yields weighed on investor sentiment. Hang Seng index dropped 1.06% or 215.57 points to 20,140.67 with all nine sectors posting losses. Property developers contributed to the negative side of index with Sino Land Ltd giving up 4% and Guangzhou R&F Properties sinking 1.4%. Energy shares Cnooc Ltd and PetroChina Co fell 2% and 1.5% respectively while aluminium producer United Co Rusal lost 2.1%.

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