HONG KONG: Hong Kong's benchmark stock index fell on Monday, snapping a 14-day winning streak, dragged down by a retreat in property shares and index heavyweight Tencent Holdings.
At close of trade, the Hang Seng index was down 73.67 points or 0.23 percent at 31,338.87. The Hang Seng China Enterprises index rose 0.01 percent to 12,470.42.
The sub-index of the Hang Seng tracking energy shares dipped 1.7 percent while the IT sector dipped 2.22 percent, the financial sector was 0.44 percent higher and property sector dipped 1.26 percent.
Tencent dropped 2 percent.
The top gainer on Hang Seng was Sands China Ltd up 6 percent, while the biggest loser was Country Garden Holdings Company Ltd which was down 5.46 percent.
China's main Shanghai Composite index closed down 0.55 percent at 3,409.9907 points while its blue-chip CSI300 index ended flat.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.21 percent while Japan's Nikkei index closed up 0.26 percent.
The yuan was quoted at 6.44 per US dollar at 08:17 GMT, 0.41 percent firmer than the previous close of 6.4665.
So far this year, the Hang Seng index is up 4.99 percent, while China's H-share index is up 6.5 percent. As of the previous close, the Hang Seng has risen 4.99 percent this month.
The top gainers among H-shares were China Pacific Insurance Group Co Ltd up 3.07 percent, followed by Ping An Insurance Group Co of China Ltd gaining 2.55 percent and Agricultural Bank of China Ltd up by 1.25 percent.
The three biggest H-shares percentage decliners were CRRC Corp Ltd which was down 3.92 percent, China Shenhua Energy Co Ltd which fell 3.7 percent and Air China Ltd down by 3.3 percent.
About 2.75 billion Hang Seng index shares were traded, roughly 152.5 percent of the market's 30-day moving average of 1.80 billion shares a day. The volume traded in the previous trading session was 2.40 billion.
At close, China's A-shares were trading at a premium of 30.11 percent over the Hong Kong-listed H-shares.
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