Hong Kong shares tracked Asian markets lower on Thursday, as investors harbour very little hope that the Sino-US trade talks will lead to a breakthrough. The Hang Seng index fell 1.3 percent to 30,313.37, while the China Enterprises Index lost 1.4 percent to 12,018.86.
The sub-index of the Hang Seng tracking energy shares dipped 1.2 percent while the IT sector dipped 1.61 percent, the financial sector was 1.2 percent lower and property index dipped 1.82 percent. The top gainer on Hang Seng was MTR Corp Ltd up 1.03 percent, while the biggest loser was China Resources Land Ltd which was down 4.17 percent.
As of the previous trading session, the Hang Seng index was up 2.69 percent this year, while China's H-share index was up 4.1 percent. As of the previous close, the Hang Seng has declined 0.27 percent this month. The top gainers among H-shares were Air China Ltd up 2.53 percent, followed by CRRC Corp Ltd gaining 1.6 percent and Huaneng Power International Inc up by 0.95 percent.