Hang Seng Index Falls 1.1%; Tencent Leads Decline
The Hang Seng Index fell 1.1% at 21,294.86 in Hong Kong. The move was the biggest since falling 1.6% on Jan. 22 and follows the previous session's increase of 1.8%.
Tencent Holdings Ltd. contributed the most to the index decline, decreasing 2.2%. Geely Automobile Holdings Ltd. had the largest drop, falling 10.3%.
Today, 67 of 83 shares fell, while 15 rose; all sectors were lower, led by commerce and industry stocks.
Source: Bloomberg