HK stocks fall narrowed to less than 1 pc

Hong Kong stock closed 0.86 percent lower yesterday with tech companies like Tencent (0700) and Xiaomi (1810) weakened by more than 2 percent, still in the shadows of escalating geopolitical tensions and the looming presidency of Donald Trump.

The Hang Seng Index, the benchmark of the Hong Kong stock market, once dropped to as low as 19,111 points before closing at 19,279 points, with a Mainboard turnover of HK$168 billion.

The barometer of mainland stock markets, the CSI 300 Index, also edged down by 0.18 percent to 3,798 points. Stocks related to robot, semiconductor, and home appliance rose, with GigaDevice Semiconductor jumped nearly 9 percent.

(June Chen)