Hang Seng Index Falls 0.1%; Alibaba Leads Decline
The Hang Seng Index fell 0.1% at 26,484.68 in Hong Kong. The move follows the previous session's increase of 1.4%.
Alibaba Group Holding Ltd. contributed the most to the index decline, decreasing 1.2%. Haier Smart Home Co. had the largest drop, falling 4.8%.
Today, 62 of 88 shares fell, while 25 rose; 3 of 4 sectors were lower, led by finance stocks.
Source: Bloomberg