Hong Kong stocks decline as trade concerns weigh ahead of Beijing policy meeting

Hong Kong stocks fell from a three-week high due to concerns over US-China trade relations. The Hang Seng Index dropped 0.9% to 19,572.31, with declines in major tech stocks like Alibaba and BYD. Onshore markets also declined, with the CSI 300 Index down 0.3% and the Shanghai Composite Index falling 0.1%. The annual central economic work conference in Beijing next week may reveal China's strategies to address trade challenges. In contrast, two new companies saw significant gains in their stock prices, with Chengdu Jiachi Electronic Technology rising 154% and Shaanxi Kelong New Material Technology soaring 236%. Other Asian markets showed mixed results.