Hong Kong Market falls 0.54%

The Hong Kong stock market finished session down on Monday, 23 April 2018, with investor sentiment battered by Wall Street's slump on Friday, while keeping a wary eye on US bond yields as they approach peaks that have triggered market spasms in the past. Among HK sectors, tech issue led fall on concerns over the industry outlook and tension between the US and China over the sector, while property firms dipped on the prospect of higher borrowing costs. The Hang Seng Index ended down 0.54%, or 163.93 points, at 30,254.40, having fallen 1.3% last week. The Hang Seng China Enterprises Index, or the H-share gauge, retreated 0.45% to 12,000.16. Turnover decreased to HK$88.2 billion from HK$99.3 billion on Friday.

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