Hong Kong shares fell amid declines by property developers, taking the benchmark $Hang Seng Index(800000.HK)$ 0.2% lower at 23954.58.
Brokerage Federated Hermes said property developers' debt problems remained of concern, with $FANTASIA(01777.HK)$'s stock dropping by more than 9% after it resumed trading Monday.
Industry peers $COUNTRY GARDEN(02007.HK)$, $LONGFOR GROUP(00960.HK)$ and $China Overseas Land & Investment(00688.HK)$ fell 3.1%, 2.8% and 2.0%, respectively.
Gainers included oil majors $SINOPEC CORP(00386.HK)$, $PETROCHINA(00857.HK)$ and $CNOOC(00883.HK)$, rising 1.1%, 0.6% and 0.1%, respectively, in tandem with crude-oil prices.
(yongchang.chin@wsj.com)
