Hong Kong stocks edge lower; tech mixed, tourism shares hit by China–Japan tensions

Hong Kong stocks fell on Monday, at one point dropping more than 300 points, as technology shares traded mixed and tourism-related shares weakened amid a deepening dispute between China and Japan.

The benchmark Hang Seng Index closed down 188 points, or 0.7 percent, at 26,384. The China Enterprises Index slipped 0.74 percent to 9,328, while the Hang Seng Tech Index lost 0.96 percent to 5,756.

Among major tech names, Tencent (0700) fell 0.7 percent, Alibaba (9988) ended flat, Meituan (3690) rose 0.3 percent, Xiaomi (1810) dropped 0.9 percent, JD.com (9618) slid 1.2 percent, and Kuaishou Technology (1024) eased 0.4 percent.

Travel platform Trip.com (9961) tumbled 3.5 percent as geopolitical tensions between China and Japan weighed on tourism sentiment.

In Chinese mainland, the Shanghai Composite Index fell 0.46 percent to 3,972, while the Shenzhen Component Index edged down 0.11 percent to 13,202.