| Hong Kong shares fell by nearly 3 percent Tuesday, as the hope for a global recovery have been dampened by a gloomy report by the World Bank.|
The blue-chip Hang Seng Index fell 521.18 points or 2.89 per cent on the day at 17,538.37. Turnover 66.2 billion Hong Kong dollars (8.5 billion U.S. Dollar.)
The losses on the Hong Kong index reflects falls on Wall Street overnight and on regional markets Tuesday, as the World Bank said in a report that emerging economies have been slowing, indicating a more global recession.
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