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Hong Kong shares end 0.47% lower

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(Globalpost/GlobalPost)

Hong Kong shares fell 0.47 percent Wednesday as an early bargain-buying rally was wiped out by a late sell-off by traders concerned about the strength of China's economy.

The benchmark Hang Seng Index fell 102.36 points to end at 21,569.67 on turnover of HK$62.39 billion ($8.05 billion).

Chinese shares ended flat. The benchmark Shanghai Composite Index dipped 1.05 points to 2,193.80 on turnover of 60.0 billion yuan ($9.7 billion).

dan/jah

http://www.globalpost.com/dispatch/news/afp/130417/hong-kong-shares-end-047-lower