Hong Kong stocks flat amid uncertainty

Written By Unknown on Jumat, 22 Maret 2013 | 16.57

HONG Kong shares fell 0.50 per cent Friday on fears about the growing crisis in Cyprus, where the European Central Bank has threatened to cut funding if Nicosia does not hammer out a new bailout plan.

The benchmark Hang Seng Index slipped 110.58 points to 22,115.30 on turnover of HK$60.17 billion ($A7.4 billion).

However, Chinese shares closed up 0.17 per cent. The benchmark Shanghai Composite Index added 4.04 points to 2328.28 on turnover of 86.0 billion yuan ($A13.25 billion). The index rose 2.19 per cent for the week.


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