Dec 20 Hong Kong stocks fell to five-month lows
in thin trading on Tuesday, mainly hurt by weakness in mainland
companies listed in the city.
The benchmark Hang Seng index extended early losses
and fell 0.5 percent, to 21,729.06 points, its lowest close
since July 19.
The Hong Kong China Enterprises Index, which tracks
Hong Kong-listed Chinese firms, lost more, taking its cue from
sluggish mainland markets. Chinese markets fell after Beijing's
move to tighten supervision of shadow banking activities on
Monday, adding to concerns of tighter credit ahead.
The index was down 1.0 percent, at 9,283.41 points.
Trading volume was low as investors started to position
their portfolios for next year.
Nearly all sectors in the city lost ground, with financial
, industrial, and raw material stocks
leading the decline, all down more than 1 percent.
(Reporting by Jackie Cai and John Ruwitch; Editing by