Hong Kong stocks slipped slightly on Thursday, as a jump in index heavyweight HSBC Holdings largely counterbalanced any bearish sentiment stemming from the US Federal Reserve's hawkish policy statement. The Hang Seng index fell 0.1 percent, to 24,683.88, while the China Enterprises Index lost 0.8 percent, to 10,088.02 points. The Fed kept its benchmark interest rate steady as expected, but downplayed weak first-quarter economic growth and emphasised the strength of the labour market, a sign it was still on track for two more interest rate increases this year.
Copyright Reuters, 2017
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