Hong Kong stocks fall on weak offshore cues, ECB meeting eyed

The Hong Kong stock market declined for the first time in three days in row on Thursday, 3 December 2015, as investor sentiment was stifled by sharp declines in U.S. equities overnight, albeit with losses limited by hesitance ahead of a European Central Bank policy meeting later in the day. Decliners were led by properties, utilities, and financial issues. The benchmark Hang Seng Index declined 62.68 points, or 0.28%, to 22417.01 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, declined 62.52 points, or 0.62%, to 9987.84 points. Turnover reduced to HK$66.49 billion from HK$79.2 billion on Wednesday.

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