Hong Kong stocks end lower as healthcare, property shares weigh

HK->Shanghai Connect daily quota used 6.4%, Shanghai->HK daily quota used 1.3%

HSI -0.3%, HSCE -0.4%, CSI300 +0.1%

FTSE China A50 +0.6%

BEIJING/SHANGHAI, Aug 25 (Reuters) - Hong Kong shares closed lower on Tuesday, dragged down by healthcare and property stocks.

** The Hang Seng index .HSI ended down 65.36 points or 0.26% at 25,486.22. The Hang Seng China Enterprises index .HSCE shed 0.44% to close at 10,291.85.

** The sub-index of the Hang Seng tracking the healthcare sector declined 1.79% .HSCIH, while the property sector .HSNP slid 1.09%.

** Shares in Chinese property developer Country Garden 2007.HK extended losses to 2.3% after its H1 core profit dropped due to delays in construction following the pandemic.

** China's main Shanghai Composite index .SSEC closed down 0.36% at 3,373.58, while the blue-chip CSI300 index .CSI300 ended up 0.13%. The tech-heavy ChiNext .CNT rose 0.63%, rallying for the second trading day.

** Markets in Hong Kong were less impacted by the news of the first documented instance of a re-infection of the novel coronavirus in a human.

** A Hong Kong man who recovered from COVID-19 was infected again four-and-a-half months later, researchers at the University of Hong Kong said on Monday.

** In the mainland, China reported its ninth consecutive day with no new locally transmitted COVID-19 cases.

** Around the region, MSCI's Asia ex-Japan stock index .MIAPJ0000PUS was firmer by 1.38%, while Japan's Nikkei index .N225 closed up 1.35%.

** The yuan CNY=CFXS was quoted at 6.9108 per U.S. dollar at 0759 GMT, 0.12% firmer than the previous close of 6.919.

(Reporting by Cheng Leng in Beijing, Luoyan Liu and Andrew Galbraith in Shanghai; editing by Uttaresh.V)

((cheng.leng@thomsonreuters.com; +8610-5669-2129;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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