Equities in Hong Kong lost 51 points, or 0.2%, to 26,866 on Thursday morning deals, reversing gains from the prior three sessions as traders booked profits after markets hit a one-month high.
Investors were also cautious ahead of key Chinese data this week, including industrial output and retail sales.
Meanwhile, doubts grew over the durability of the U.S.-China tariff truce, particularly regarding rare-earth supplies.
Still, an extended record high on Wall Street’s Dow Jones overnight helped limit losses.
Meantime, Bloomberg News said that the U.S.
House has approved a spending bill, now heading to President Donald Trump, who plans to sign it later today.
In China, Beijing pledged to expand private sector participation in infrastructure and energy projects to spur weak investment.
Most sectors were in the red, dragged by tech, consumer, and property.
Among early laggards included Tencent Music Ent.
(-10.4%), China Resources Mixc (-6.9%), Li Auto (-2.4%), and Kuaishou Tech.
(-1.5%).