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Hong Kong stocks end 0.87% lower

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(Globalpost/GlobalPost)

Shares in Hong Kong and Shanghai ended lower on Tuesday as early gains were wiped out by profit-taking and concerns over China's economy following disappointing data at the weekend.

Hong Kong's benchmark Hang Seng Index lost 0.87 percent, or 200.22 points, to end at 22,890.60 on turnover of HK$69.14 billion ($8.92 billion).

Chinese shares fell 1.04 percent. The benchmark Shanghai Composite Index lost 23.98 points to end at 2,286.61 on turnover of 100.6 billion yuan ($16.2 billion).

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http://www.globalpost.com/dispatch/news/afp/130312/hong-kong-stocks-end-087-lower