Hong Kong shares down

16 Apr, 2019

Hong Kong stocks ended lower on Monday, as signs of slowing China and global economic growth offset optimism related to the Sino-US trade talks and a jump in bank lending in China.
At the close of trade, the Hang Seng index was down 0.3 percent at 29,810.72 points. The Hang Seng China Enterprises index fell 0.2 percent.
The sub-index of the Hang Seng tracking energy shares lost 0.6 percent, the IT sector dipped 0.9 percent, the financial sector ended 0.1 percent higher and property shares slid 0.7 percent.
The top gainer on the Hang Seng was Sands China Ltd, which rose 1.9 percent, while the biggest loser was Sunny Optical Technology Group Co Ltd, which fell 2.7 percent.
China's imports shrank for a fourth straight month and at a sharper pace, customs data showed on Friday. Exports rebounded, but the rise was partly driven by seasonal factors, said analysts.

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