Chinese Stock Rally Cools in Hong Kong as Tech Shares Slump

Chinese Stock Rally Cools in Hong Kong as Tech Shares Slump

Chinese stocks in Hong Kong slipped as traders took profit following gains of more than 30% from a September low.

The Hang Seng China Enterprises Index fell as much as 3.1% on Thursday, set to snap a 13-day run of gains, with tech shares as the biggest drag. The Hang Seng Index also fell more than 2%. Mainland Chinese markets remain closed through Oct. 7 for the Golden Week holidays.

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