HK stocks suffer third successive loss
Hong Kong stocks suffered a third straight day of heavy losses on Tuesday as investors' euphoria over expected Federal Reserve interest rate cuts cools following November's rally. The Hang Seng Index tumbled 1.9 percent, or 318 points, to 16,327. The Shanghai Composite Index slipped 1.7 percent, or 50 points, to 2,972, and the Shenzhen Composite Index shed 2 percent, or 36 points, to 1,845. (AFP)