Hang Seng Index Falls 0.5%
The Hang Seng Index fell for the second day, dropping 0.5%, or 108.11 to 23,345.05 in Hong Kong.
Alibaba Group Holding Ltd. contributed the most to the index decline and had the largest move, decreasing 4.3%.
Today, 48 of 83 shares fell, while 32 rose; all sectors were lower, led by commerce and industry stocks.
Source: Bloomberg