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Nikkei Markets

Financial heavyweights pull Hong Kong shares off highs

Chinese drugmakers climb after 32 drugs win bids for centralized procurement

HONG KONG (Nikkei Markets) -- Hong Kong shares headed lower on Monday, as investors appeared to pause after optimism over Sino-American trade relations lifted the city's main equity benchmark to multi-month highs.

The Hang Seng Index slipped 0.4% to 28,942.57 by noon after ending at a seven-month high on Friday. Among heavyweights, pan-Asia insurer AIA Group fell 1.4%, while China Construction Bank slipped 1%.

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