Hong Kong stocks close down 234pts

Before the rate-cut meeting of the Fed, Hong Kong stocks  closed down with thin trade in the morning session and it widened its loss in the afternoon session . Hang Seng Index fell 233.83 pts to close at 13223.86pts on a turnover of HK$5790mln.Affected by the cheap suits measures of its parent company,  China Mobile (0941) dropped HK$1.3 to close at HK$36.8. Hutchison Whampoa(0013) fell by HK$1.75 to close at HK$83.5. PCCW (0008) fell by HK$0.1 to close at HK$3.8.Properies shares saw declining trend. Cheung Kong (Holdings) (0001) dropped HK$2.5 to close at HK$87.Sun Hung Kai Properties(0016) fell by HK$1.25 to close at HK$78. Swire Pacific Ltd."A"(0019) dropped HK$1.8 to close at HK$48.1.HSBC Holdings(0005) sustained its price at HK$92.75 after it saw inclining trend most the time today.Hang Seng Bank(0011) dropped HK$2 to close at HK$89.75.

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