Hang Seng sheds 0.7% on Tuesday

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Source: Dukascopy Bank
Hong Kong's shares followed their Chinese peers on Tuesday and traded lower after  Sany Heavy Industry announced it may lower its sales estimate for 2012, fuelling worries a slowing real estate market will curb revenues in the construction industry. Hang Seng index dropped 0.25% or 51.90 points and closed at 20,484.75, marking loss for a sixth straight session. Aluminum Corp of China fell 2.8% while Jiangxi Copper lost 0.9%. 

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Tue, 08 May 2012 11:06:05 GMT

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