HONG KONG: Hong Kong shares slipped and China sank to levels not seen since early 2009 on Friday, with both markets ending August in the red after first half corporate earnings disappointed and there seemed little chance of an imminent recovery.
Turnover was lackluster ahead of an annual meeting of central bankers in Wyoming later on Friday, with the market expecting Federal Reserve Chairman Ben Bernanke to keep expectations of monetary easing intact into September, but not immediately take any measures.
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