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Hong Kong shares finished down on Monday after major mainland indices closed at their lowest levels since September. The Hang Seng index fell 2.8 percent, to 19,888.50, while the China Enterprises Index lost 3.9 percent, to 8,505.16 points. Technology and financial equities led the Hang Seng lower, with big index movers including Tencent, and banking and insurance stocks. Total trading volume of companies included in the HSI index was 2.2 billion shares.
The index measuring price differences between dual-listed companies in Shanghai and Hong Kong stood at 143.47. A value above 100 indicates Shanghai shares are pricing at a premium to shares in the same company trading in Hong Kong, and vice versa. The northbound quota for the Hong Kong-Shanghai Stock Connect, currently set at 13 billion yuan, saw net outflows of 0.25 billion yuan.

Copyright Reuters, 2016

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