HONG KONG (Nikkei Markets) -- Hong Kong shares fell on Wednesday morning, tracking losses across Asian equity markets, as U.S. Treasury yields climbed to seven-year highs.
The Hang Seng Index slipped 0.1% to 31,116.35, after dropping as much as 1.1% in the early minutes of the trading day. Internet major Tencent Holdings, which is due to report first-quarter earnings late in the day, lost 0.5%, adding to a 3.4% slide on Tuesday.