Around the World's Markets: HONG KONG
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Your support makes all the difference.HONG KONG stocks closed lower amid dwindling liquidity as institutions squared their books for 1999, pushing the main index down almost 2 per cent.
The Hang Seng index closed down 253.95 points or 1.60 per cent at 15,571.36.
"It's ugly," said one analyst. "The volume's [turnover] about halved from the average we saw last week and the beginning of this week."
A salesman at a US bank added: "Liquidity's drying up."
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