Hong Kong stocks fell, with the city’s benchmark index heading for a two-month low, as financial and property shares led declines.
The Hang Seng Index lost 0.6 percent to 22,685.51 as of 9:32 a.m. in Hong Kong. The gauge dropped 2.2 percent on Jan. 3, its steepest drop since July 3, after an official gauge of China’s services industries fell to a four-month low. A private report on the nation’s non-manufacturing industries is due today. The Hang Seng China Enterprises Index (HSCEI) of mainland shares traded in the city, also known as the H-share index, slipped 0.9 percent percent to 10.342.55.
Futures on the S&P 500 added less than 0.1 percent today. The gauge fell less than 1 point on Jan. 3 as investors weighed comments from Federal Reserve officials on stimulus and the economy’s strength. The benchmark measure surged 30 percent in 2013 for its steepest annual rally in 16 years.
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