June 16, 2011

Hong Kong slumps to 2011 low

Hong Kong shares sank to the lowest level in the year to date on Thursday morning, breaking past a key support of the last five sessions and with more losses expected ahead. Hang Seng Index was down 1.45 percent at 22,020.08 by the midday trading break, falling through 22,123, the previous 2011 low recorded in mid-March.

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