Hong Kong drops as banks, energy stocks decline
Posted on 07.05.2009
HONG KONG (MarketWatch) -- Hong Kong stocks were trading weaker early Monday, with financial stocks broadly lower while energy producers such as PetroChina Co. declined on a retreat in crude-oil prices. The benchmark Hang Seng Index fell 1.5% to 17,936.18 and the Hang Seng China Enterprises Index gave up 1.4% to 10,834.06.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.