The Hang Seng Index fell 0.1 per cent to 19,823.45 at the close, capping a 5.4 per cent loss in the four-day run. The Hang Seng Tech Index slipped less than 0.1 per cent.
China benchmarks bucked the trend. The CSI 300 Index climbed 0.6 per cent, and the Shanghai Composite Index added 0.5 per cent.
Biopharmaceutical firm Wuxi AppTec and affiliate Wuxi Biology led the pack of decliners. Investors are also gearing up for a slew of earnings releases by bellwether companies Tencent Holdings and Meituan this week.
The Hang Seng Index closed below the 20,000-point mark for the first time since September 26 on Tuesday as investors shifted to a defensive mode after the disappointing outcome of China’s legislative meeting last week. The legislature’s…
