Hang Seng slips 0.83% in morning trade as tech lags, Meituan fell 3.5%

Hong Kong stocks traded lower in the morning session on Wednesday.

The benchmark Hang Seng Index fell 205 points, or 0.83 percent, to 24,352 points.

The half-day market turnover was HK$83.8 billion.

The tech gauge dropped 1.36 percent to 4,028 points.

Meituan (3690) declined 3.5 percent as the worst-performing constituent. WuXi AppTec (2359) tracked behind by falling 3.44 percent.

In the mainland, the Shanghai Stock Exchange Composite Index slipped 8.77 points, or 0.24 percent, to 3,654 points, while the Shenzhen Stock Exchange Composite Index rose 0.11 percent to 11,253 points.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓