Hong Kong shares close 1.88% lower

Reported by AAP
Monday, July 9, 2012
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Hong Kong stocks closed 1.88 per cent lower on Monday tracking falls in the US and Europe on weak American jobs data that has revived fears about the state of the world's biggest economy.

The benchmark Hang Seng Index gave up 372.55 points to end at 19,428.09 on turnover of HK$42.21 billion ($A5.34 billion).

Chinese shares closed down 2.37 per cent. The benchmark Shanghai Composite Index, which covers A and B shares, slumped 52.77 points to 2,170.81 on turnover of 69.3 billion yuan ($A10.73 billion).

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