ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Hong Kong shares slip in choppy trade as Tencent slides

Casino operators gain ahead of release of Macau gaming revenue data

HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower in a choppy morning session on Friday as lingering weakness in heavyweight Tencent Holdings overshadowed positive overnight cues from Wall Street.

The Hang Seng Index had fallen 0.1% to 29,138.74 by noon, after changing direction at least five times. The gauge had advanced as much as 0.6% earlier in the day. Social media and gaming major Tencent dropped 2.2%, heading for its third straight decline after rising to record highs last month following upbeat quarterly earnings.

Sponsored Content

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

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