Hong Kong shares fall as link with Shanghai exchange debuts

lunes 17 de noviembre de 2014 04:11 GYT
 

HONG KONG Nov 17 (Reuters) - Hong Kong shares, swinging between gains and losses, finished down on Monday, the first day of trading for the landmark Shanghai-Hong Kong stock connect scheme.

The Hang Seng index unofficially closed down 1.2 percent to 23,797.1 points while the Hong Kong China Enterprises index fell 1.9 percent.

Profit-taking pulled down the Hang Seng, following its nearly 8 percent rise since early October.

The trading link lets international investors trade Shanghai-listed shares directly for the first time via the Hong Kong stock exchange, and mainland China investors to trade in Hong Kong shares via the Shanghai Stock Exchange.

Among the most actively traded stocks on Monday were Hong Kong Stock Exchange, Bank of China, Tencent , Swire Pacific Ltd and Aluminum Corp of China Ltd. (Editing by Richard Borsuk)