Hong Kong stocks head for 4-month low as chance of strong stimulus from Beijing shrinks

Sell-offs in Hong Kong stocks deepened on Thursday, with the benchmark gauge heading for its lowest level in nearly four months, as hopes faded that Beijing would introduce more meaningful stimulus measures, following recent economic data indicating the annual growth target was within reach. The Hang Seng Index sank 2.9 per cent to 22,971.93 at the noon break, poised for its lowest close since June 30. The Hang Seng Tech Index dropped 4.6 per cent, on track for a level not seen in two...