HK stocks fall back after three-day rally

Hong Kong stocks started Tuesday with losses following three days of healthy gains and after another drop on Wall Street over growing concerns about inflation and the Fed’s plans to wind back its stimulus.

The Hang Seng Index slipped 0.29 percent to 23,678.

The Shanghai Composite Index eased 0.10 percent to 3,590, while the Shenzhen Composite Index on China’s second exchange was barely moved, inching down less than half a point to 2,467. (AFP)