Hong Kong stocks fell, snapping a five-day advance as China showed no urgency in reflating the economy with growth lagging market expectations. Some Wall Street banks lowered their targets again.
The Hang Seng Index slid 2.2 per cent to 18,993.29 at the local noon trading break, from Friday’s level. Stocks and futures were halted on Monday on a typhoon warning. The Tech Index declined 2.4 per cent while the Shanghai Composite Index slipped 0.4 per cent.
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