Around the World's Markets: Hong Kong

THE HANG SENG index fell 358.7 points, or 3.69 per cent, to 9,360.96 with sentiment overshadowed by the expiry of the January futures contract, the overnight fall on Wall Street and continued nervousness about Brazil.

The commercial and industrial sector and financial sector each fell 4 per cent, with the property and utilities sectors close behind.

Traders are also anticipating bad news when the results season begins in earnest next week, with Bank of East Asia leading the way on Tuesday.