HK stocks end lower, property sector hit

Newswire

(Adds quotes, details) By Susan Fenton HONG KONG, Aug 28 (Reuters) - Hong Kong stocks fell on Wednesday as a slide in U.S. consumer confidence reignited fears that Hong Kong's second biggest export market could head back into recession. Property stocks, meanwhile, remained under pressure on concern that price discounts and more supply coming onto the market will hurt earnings. The benchmark Hang Seng Index ended down 0.54 percent, or 55.27 points, at 10,130.25. It had found support ...

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