Hang Seng Index Falls 0.9%
The Hang Seng Index fell for the second day, dropping 0.9%, or 175.75 to 19,795.49 in Hong Kong. The index dropped to the lowest closing level since Dec. 5.
Xiaomi Corp. contributed the most to the index decline, decreasing 3.2%. Longfor Group Holdings Ltd. had the largest drop, falling 4.9%.
Today, 60 of 83 shares fell, while 21 rose; 3 of 4 sectors were lower, led by commerce and industry stocks.
Source: Bloomberg