Hang Seng Slim Down, Some Blue Chips Still Supports

Hang Seng Slim Down, Some Blue Chips Still Supports

Hong Kong's Hang Seng index moved in the range of 20.000 on Monday morning as trading profits by some components of the major blue-chip index offset weakness in the property sector and other sectors.

Hang Seng Index down 0.28% at 19963.06 after being entered into the territory positf at the opening, while the Shanghai Composite lost 0.1%.

In early trading, HSBC Holdings PLC rose 0.8%, while Bank of Communications Co. rose 0.7%. But worries about China's real estate market memeukul some stocks of certain developers, with China Resources Land Ltd. dropped, Agile Property Holdings Ltd. fell 3.6%, China Overseas Land & Investment Ltd. and is lower by 4.8%.