Hong Kong stocks waver as investors assess China growth, Middle East

Investors wait for policy signals from Beijing after mixed economic data from May, including an accelerating drop in property prices

The Hang Seng Index fell 0.1 per cent to 24,037.56 as of 10.12am local time. The Hang Seng Tech Index gained 0.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were both little changed.

Other major Asian markets all edged up following an overnight gain in US stocks. Japan’s Nikkei 225 climbed 0.5 per cent, while South Korea’s Kospi rose 0.9 per cent and Australia’s S&P/ASX 200 added 0.1 per cent.