ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Equities

Hong Kong shares slip with retreat of technology stocks

Unicom and China Telecom climb as network infrastructure JV files for IPO

HONG KONG (Nikkei Markets) -- Hong Kong shares appeared set to end a six-day rising streak on Tuesday, led by losses among technology stocks that had been posting gains recently.

The Hang Seng Index had shed 0.9% to hit 31,256.32 by the noon lunch break, poised for its first drop since May 4. Tencent Holdings, the most valuable company listed in Hong Kong, declined 2.4%. Apple suppliers Sunny Optical Technology Group and AAC Technologies Holdings fell 3.7% and 6%, respectively. Losses for AAC followed a weaker-than-expected first-quarter profit report on Monday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more