Hong Kong's benchmark index ended little changed on Monday, but fell 1.6 percent in October, snapping a three-month rising streak and suggesting a strong rally since February is losing steam. The Hang Seng index fell 0.1 percent to 22,934.54 points, while the China Enterprises Index gained 0.5 percent to 9,559.39.
Sentiment in Hong Kong was also hurt by a near 5 percent slump in index heavyweight AIA Group.
The world's third-largest life insurer by market value hit a 3-1/2-month low after China's card company UnionPay said it would tighten rules over how mainland customers use its debit and credit cards to purchase Hong Kong insurance products. But the weakness in Hong Kong's financial shares was offset by a rebound in telecom and property stocks.
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