Around the World's Markets: Hong Kong

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The Independent Online
WORRIES OVER banks' exposure to China and a dimming outlook for interest rates left the blue-chip Hang Seng index down 266 at 10,048.6. Meanwhile, it emerged that a panel of international experts could offer no solutions for the territory's economic woes, but cost it HK$1.5m. The panel, which included former US Fed chairman, Paul Volker, and News Corp's chairman, Rupert Murdoch, advised Hong Kong chief Tung Chee-hwa that there was no `magic medicine'.

HSBC shares fall, page 19

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