{"id":45807,"date":"2015-12-09T23:34:17","date_gmt":"2015-12-09T21:34:17","guid":{"rendered":"http:\/\/www.arabtelegraph.com\/?p=45807"},"modified":"2015-12-09T23:34:17","modified_gmt":"2015-12-09T21:34:17","slug":"hong-kong-shares-close-down-many-investors-stay-on-sidelines","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=45807","title":{"rendered":"Hong Kong shares close down, many investors stay on sidelines"},"content":{"rendered":"<div id=\"articleContent\" class=\"section main-content\">\n<div class=\"sectionContent\">\n<div class=\"group wrap\">\n<div class=\"article-header\" dir=\"ltr\">\n<strong><span class=\"articleLocatio&lt;\/span&gt;n\">Hong Kong shares weakened on Wednesday, weighed down by sluggish global markets and investor caution ahead of an expected U.S. rate hike next week.<\/span><\/strong><\/p>\n<p>The Hang Seng index fell 0.5 percent, to 21,803.76, while the China Enterprises Index lost 1.1 percent, to 9,558.76 points.<\/p>\n<p>China Investment Securities (HK) said in a note to clients on Wednesday that many investors are staying on the sidelines amid a slew of weak economic data from China, and ahead of next week&#8217;s rate decision by the U.S. Federal Reserve.<\/p>\n<p>&#8220;If upcoming economic data from China remains poor, the Hang Seng may decline further, testing the 21,500 level,&#8221; the brokerage said.<\/p>\n<p>Nearly all major sectors were down on Wednesday.<\/p>\n<p>But shares of Chinese automakers, including Dongfeng Motor , Great Wall Motor, Geely Automobile Holdings and BYD Co surged, after Citi said November wholesale of China passenger vehicles jumped 24 percent from a year earlier to a record high.<\/p>\n<h1 class=\"article-headline\"><\/h1>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong shares weakened on Wednesday, weighed down by sluggish global markets and investor caution ahead of an expected U.S. rate hike next week. The Hang Seng index fell 0.5 percent, to 21,803.76, while the China Enterprises Index lost 1.1 percent, to 9,558.76 points. China Investment Securities (HK) said in a note to clients on &hellip;<\/p>\n","protected":false},"author":3,"featured_media":45814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-45807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-te-public"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong shares close down, many investors stay on sidelines - Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=45807\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong shares close down, many investors stay on sidelines - Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"Hong Kong shares weakened on Wednesday, weighed down by sluggish global markets and investor caution ahead of an expected U.S. rate hike next week. The Hang Seng index fell 0.5 percent, to 21,803.76, while the China Enterprises Index lost 1.1 percent, to 9,558.76 points. 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