HK shares retreat after Monday’s near four-year peak

Hong Kong stocks pull back on Tuesday after rallying to a near four-year high.

The benchmark Hang Seng Index fell 56 points, or 0.22 percent, to 25,773 at the midday break, with turnover at HK$133.8 billion.

The Hang Seng China Enterprises Index slipped 10 points, or 0.11 percent, to 9,237, while the Hang Seng Tech Index added 0.27 percent to 5,840.

In the mainland, the Shanghai Composite Index dipped 0.6 percent to a low of 3,859 before rebounding to 3,888 at the midday break, up 4 points or 0.11 percent, marking a fresh 10-year high. The Shenzhen Component Index stood at 12,532 at the midday break, up 91 points or 0.74 percent.

STAFF REPORTER