BCN-14Hong Kong stocks dive, energy firms hit by oil losses

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Hong Kong stocks dive, energy firms hit by oil losses

HONG KONG, July 17, 2018 (BSS/AFP) – Hong Kong stocks sank more than one
percent on Tuesday, with energy firms among the worst hit as they tracked a
sharp plunge in oil prices.

The Hang Seng Index slipped 1.25 percent, or 357.98 points, to 28,181.68.

The benchmark Shanghai Composite Index dropped 0.57 percent, or 15.91
points, to 2,798.13 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, lost 0.17 percent, or 2.76 points, to 1,600.08.

BSS/AFP/SR/1850 HRS