Hong Kong Shares Ease Ahead of Holiday

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Stocks in Hong Kong edged lower, hovering around 26,614 in Tuesday morning trade, weighed mainly by losses in the financial sector.
The market reversed a near 2% rally from the prior session, with some traders booking profits ahead of Wednesday's holiday.
In China, a week-long National Day and Mid-Autumn Festival holiday will run from October 1-8, with activity resuming on October 9.
Losses were limited by September PMI data, as a private survey for manufacturing outperformed the official release, and growth in services activity remained positive despite softening.
On policy, Beijing plans to deploy CNY 500 billion via policy-based financial tools to accelerate investment projects amid a slowing economy.
Meanwhile, China's Communist Party will hold its Fourth Plenum in Beijing from October 20-23 to map out the country's five-year direction.
Among major laggards were Sands China (-3.2%), MGM China Hlds. (-3.1%), China Unicom (-1.9%), and KE Hlds. (-1.3%).

Sumber : tradingview.com

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