Property stocks under selling pressure, Henderson and Sun Hung Kai down 7%

Hong Kong stocks had a continuous down range of 400 pts. Property stocks slumped sharply. Henderson Land(0012), which will release its profit today , dropped  HK$2.9 , or 7.34% to close at HK$37.8. Wheelock And Co(0020), Sun Hung Kai(0016) and Cheung Kong(0001) went down 4% respectively to close at HK$6.9, HK$71.75 and HK$82.75.Sino Land(0083) decreased by 7.75% to close at HK$3.275. Wharf(0004) went down 5% to close at HK$18.3.

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