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Stocks

Hong Kong stocks halt 3-day winning streak

Tencent drives losses for market, while Apple suppliers slide

HONG KONG (Nikkei Markets) -- Hong Kong shares fell for the first time in four days on Tuesday, with Apple supplier Sunny Optical Technology Group among companies leading losses after it reported a drop in component shipments for mobile handsets.

The benchmark Hang Seng Index slid 0.6% to 28,793.88. Heavyweight stock Tencent Holdings tumbled 3% after jumping 10.8% over the previous three days, its steepest gain for any three-day period since July 2015. The stock has been choppy recently, swinging at least 2.6% in either direction every day for the past six trading days.

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