Hong Kong Stocks End Flat in Negative Territory; LH Group Plunges 18%

MT Newswires Live08-15

Hong Kong Stocks End Flat in Negative Territory; LH Group Plunges 18% Hong Kong stocks slipped marginally into negative territory at Thursday's close, improving slightly from yesterday's loss, as ...

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The Hang Seng China Enterprises Index saw a minor increase at 6,035.27.Investors regained hope in the economy as China's retail sales grew faster in July, rising 2.7% year on year, according to data released by the National Bureau of Statistics. The increase was higher than the 2% rise in June and also beat the 2.6% boost predicted by analysts surveyed by Reuters.Industrial production jumped 5.1% from the prior year, slightly slower than June's 5.3% growth. 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