Hong Kong stocks fall as tech shares drag ahead of Fed rate decision


HONG KONG: Hong Kong stocks fell on Wednesday, with losses in tech shares overshadowing gains in banks, as investors awaited interest-rate decision from the U.S. Federal Reserve, and stayed on the sideline ahead of China's open after holiday.

The Hang Seng Index fell 1.1% to 20,869.52, ending its five winning streak. The Hang Seng China Enterprises Index dropped 1.78% to 7,137.63, marking its biggest daily percentage decline since April 25.

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