Hong Kong stocks head for 2-week low on Fed decision, China manufacturing data

Wait 5 sec.

A solid run for Hong Kong stocks showed signs of slowing, as the city’s benchmark headed for a two-week low after the US Federal Reserve appeared resistant to an imminent interest rate cut and China’s manufacturing sector shrank unexpectedly.The Hang Seng Index fell 1.1 per cent to 24,916.83 at 11.21am local time on Thursday, poised for its lowest close since July 18. The Hang Seng Tech Index added 0.1 per cent. On the mainland, the CSI 300 Index slid 1.2 per cent and the Shanghai Composite...