China just told you stimulus is not coming, and HK tech is paying for it. The PBOC kept benchmark lending rates unchanged for a 17th straight month after GDP beat at 4.5%, with CSI300 -0.5%, Hang Seng

What happened: China and Hong Kong stocks weakened on Tuesday, joining a broader regional retreat, after Beijing kept key lending rates unchanged and stronger GDP data dampened stimulus expectations. Why it matters: The unchanged lending rates and stronger GDP data reduced bets on further stimulus, weighing on shares in both markets. Key numbers: Key lending rates were left unchanged; stronger GDP data was cited.

China and Hong Kong stocks weakened on Tuesday, joining a broader regional retreat, after Beijing kept key lending rates unchanged and stronger GDP data dampened stimulus expectations.

The unchanged lending rates and stronger GDP data reduced bets on further stimulus, weighing on shares in both markets. Key numbers: Key lending rates were left unchanged; stronger GDP data was cited.