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Market Update : 
Inflation Worries Drives HK Trading
Author: 123jump.com Staff
123jump.com
Last Update: 9:24 AM EDT April 08 2008


Hong Kong Stock indexes fell on resurgent fears of credit market losses that led financial stocks lower. Hang Seng Index fell 1.9% or 267.07 at 24,311.69, and China Enterprises Index fell 1.67% or 223.66 to 13,196.22. Rising commodities prices and weak dollar fueled the inflation worries in the region. China business climate index fell on severe weather condition in the first quarter.

 

 

 

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