Hang Seng Index Drops 1.2%
The Hang Seng Index fell for a second day, dropping 1.2%, or 240.71, to 19,447.58 in Hong Kong.
The index fell to its lowest close since Nov. 29.
Tencent Holdings Ltd. contributed the most to the index’s decline and was the biggest decliner, dropping 7.3%.
For the day, 48 of 83 stocks fell, while 31 rose; all sectors fell, led by trade and industrial stocks.
Source: Bloomberg