Hong Kong: Stocks close lower

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The Hang Seng index slipped 0.90 per cent, or 260.51 points, to close at 28,795.91.[HONG KONG] Hong Kong shares finished on a negative note Monday as investors cashed in profits following last week's gains.

The benchmark Shanghai Composite Index gained 0.66 per cent, or 20.29 points, to 3,095.79, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.31 per cent, or 23.67 points, to 1,829.95.

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