Hong Kong stocks slip

HONG KONG: Hong Kong stocks fell on Monday but recouped much of their losses, helped by robust gains on the mainland as Beijing signalled support for its market. At the close of trade, the Hang Seng index was down 31.18 points, or 0.12%, at 25,057.99 after falling as much as 1.3%, while the Hang Seng China Enterprises index, which tracks mainland firms listed in Hong Kong, added 0.9% to 10,295.32.

The top gainer on the Hang Seng was China Life Insurance Co Ltd, which gained 8.32%, while the biggest loser was Wharf Real Estate Investment Company Ltd, which fell 5.86%.