The Hang Seng Index fell 0.5 per cent to 24,348.08 at 10.03am local time on Thursday. The Hang Seng Tech Index gained 0.3 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both slipped 0.1 per cent.
Sun Hung Kai Properties tumbled 3.8 per cent to HK$89.50 while peers Henderson Land lost 3.7 per cent to HK$27.60. HSBC slipped 0.3 per cent to HK$95.35, Bank of China (Hong Kong) weakened 0.8 per cent to HK$4.72 and ICBC fell 0.6 per cent to HK$6.41.
Other tech leaders also declined, surrendering some of their best gains this week. Alibaba Group Holding fell 2.4 per cent to HK$112.70 and Tencent Holdings slipped 0.4 per cent to HK$510.50. New Oriental Education and Technology slumped 4.1 per cent to HK$42.55, giving up some of the previous gains spurred by a JPMorgan rating upgrade.
