HONG KONG (Nikkei Markets) -- Hong Kong stocks retreated from their highest level in almost three weeks on Wednesday, bogged down by uncertainty over trade talks between the U.S. and China, and cautious trade ahead of the Federal Reserve's policy review.
The Hang Seng Index ended the day 0.3% lower at 30,723.88, after a 1.7% jump on Monday sent the 50-stock gauge to its highest level since April 12. Financial stocks were the main contributors to the index's losses by points, with China Construction Bank losing 1.1% and Bank of China shedding 1.4%. Life insurer AIA Group also gave up 1.4%.
