Hong Kong stocks hit a four-month low, Hang Seng down 2.9% and HK tech off 4.6%, as hopes for fresh China stimulus fade. Mainland CSI300 fell 1.3% and sits nearly 20% below its June peak, close to a t

What happened: Hong Kong stocks fell to a four-month low as hopes for China stimulus faded. The Hang Seng Index plunged 2.9% and Hong Kong technology stocks dropped 4.6%. Key numbers: Hang Seng Index down 2.9%; Hong Kong tech stocks down 4.6%; CSI300 down 1.3%, nearly 20% below its June Why it matters: Sentiment weakened on disappointment over Beijing's limited stimulus and reduced expectations for more policy support after stronger-than-expected third-quarter growth. Value Partners' Kelly Chung said measures announced before the National Day holiday fell short of market expectations.

Hong Kong stocks fell to a four-month low as hopes for China stimulus faded. The Hang Seng Index plunged 2.9% and Hong Kong technology stocks dropped 4.6%.

Sentiment weakened on disappointment over Beijing's limited stimulus and reduced expectations for more policy support after stronger-than-expected third-quarter growth. Value Partners' Kelly Chung said measures announced before the National Day holiday fell short of market expectations.