Hong Kong shares fall to 7-week low

Hong Kong - Hong Kong shares sank to their lowest close since early September on Thursday, with Chinese growth-sensitive counters rattled by tightening fears after short-term money rates again spiked.

This came after China's central bank refrained from injecting funds via open market operations for a third-straight session and as Beijing stepped up efforts to counter surging property prices in the capital.

The Hang Seng Index ended down 0.7% at 22 835.8 points, its lowest close since September 9. The China Enterprises Index of the leading Chinese listings in Hong Kong dropped 1.3%.