At closing bell, the benchmark Hang Seng Index added 0.02%, or 5.10 points, to 26,132.03. The Hang Seng China Enterprises Index fell 0.37%, or 34.77 points, to 9,322.08.
Shares of property developers sank after reports that China will tax owners of residential, commercial properties and lands in more cities to rein in home prices. The trial will last for five years before it is signed into law, it added. Developers Longfor Group and Country Garden were among the worst benchmark performers with at least 1.9% slide.
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