Hong Kong shares sank to their
lowest close since early September on Thursday, with Chinese
growth-sensitive counters rattled by tightening fears after
short-term money rates again spiked.
This came after China's central bank refrained from
injecting funds via open market operations for a third-straight
session and as Beijing stepped up efforts to counter surging
property prices in the capital.
The Hang Seng Index ended down 0.7 percent at
22,835.8 points, its lowest close since Sept. 9. The China
Enterprises Index of the leading Chinese listings in
Hong Kong dropped 1.3 percent.