The Hang Seng Index fell 0.1 per cent to 19,680.23 at the noon break after rising 1.4 per cent over the past three days. The Hang Seng Tech Index dropped 0.6 per cent.
China’s equity benchmarks also fell. The CSI 300 Index slipped 0.2 per cent and the Shanghai Composite Index eased 0.1 per cent.
Chow Tai Fook Jewellery Group fell before its earnings next week that is likely to show a smaller profit. Longfor Group Holdings paced the declines among Chinese developers.
Investors are looking for fresh catalysts to rejuvenate stocks after fiscal measures from a Chinese legislative meeting underwhelmed and the threat of higher US tariffs loomed. The Hang Seng Index has dropped about 15 per cent from this year’s high set in October, giving back some of the gains spurred by monetary easing…
