Hong Kong, Shanghai stocks end morning down

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HONG KONG: Stocks ended the morning lower in Hong Kong and Shanghai Monday owing to profit-taking after recent gains and following losses on Wall Street at the end of last week.

The Hang Seng Index in Hong Kong slipped 0.57 percent, or 122.39 points, to 21,344.65. The benchmark Shanghai Composite Index fell 0.82 percent, or 24.21 points, to 2,935.03 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, slid 0.92 percent, or 17.11 points, to 1,850.45.