Hong Kong stocks down

Hong Kong stocks fell to a two-week low on Wednesday, posting their biggest monthly fall in two years, amid fears of a faster pace of US rate rises. The Hang Seng index fell 1.4 percent, to 30,844.72, while the China Enterprises Index lost 2.1 percent, to 12,382.08 points. The IT sector dipped 2.39 percent, the financial sector was 1.49 percent lower while the property sector dipped 0.9 percent.
The top gainer on Hang Seng was WH Group Ltd, up 2.64 percent, while the biggest loser was China Overseas Land & Investment Ltd which was down 4.04 percent. The top gainers among H-shares were CGN Power Co Ltd up 0.47 percent, followed by Huaneng Power International Inc gaining 0.21 percent and China Railway Group Ltd up by 0.18 percent.