HK shares drop 0.8 pct in third day of losses

Wed Jul 8, 2009 9:07am BST
 
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HONG KONG, July 8 (Reuters) - Hong Kong shares dropped 0.8 percent in a third straight losing session on Wednesday, as talk swirled of the need for a second round of stimulus spending in the United States and a likely tightening of China's easy monetary policies.

The benchmark Hang Seng Index .HSI finished down 141.20 points at a two-week low of 17,721.07.

The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, dropped 1 percent to 10,573.71. (Reporting by Parvathy Ullatil; Editing by Chris Lewis)

 

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