Hong Kong stocks fell to a six-month low on Monday, dragged by tech shares as the United States plans limits on Chinese investment in US technology firms.
The Hang Seng index fell 1.3 percent, to 28,961.39, while the China Enterprises Index lost 1.2 percent, to 11,208.90. The technology sector fell 2 percent, led by index heavyweight Tencent.
The sub-index of the Hang Seng tracking energy shares rose 0.4 percent, while the IT sector dipped 2.02 percent, the financial sector was 1.17 percent lower and the property sector dipped 2.09 percent. The top gainer on Hang Seng was CNOOC Ltd, up 2.43 percent, while the biggest loser was Country Garden Holdings Co Ltd which was down 5.75 percent.
As of the previous trading session, the Hang Seng index was down 1.94 percent this year, while China's H-share index was down 3.2 percent. As of the previous close, the Hang Seng has declined 3.71 percent this month. The top gainers among H-shares were CNOOC Ltd, up 2.43 percent, followed by China Telecom Corp Ltd gaining 1.14 percent and PetroChina Co Ltd up by 0.35 percent.
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