Hang Seng Index Falls 1.1%; Led by Commerce Sector
The Hang Seng Index opened 1.1% lower at 17,783.91 in Hong Kong.
In early trading, commerce and industry stocks led the market lower, as all sectors lost; 75 of 82 shares fell, while 7 rose.
Industrial & Commercial Bank of China Ltd. contributed the most to the index decline, decreasing 3.1%. New World Development Co. had the largest drop, falling 13.5%.
Source : Bloomberg