The benchmark Hang Seng index fell 0.9 percent.
According to Reuters, Hong Kong stocks slid to 4-1/2 month lows on Monday, extending declines since last week's U.S. rate hike, with shares hurt as Beijing signalled a "neutral" monetary policy and media reports said mainland insurance firms face fresh investment curbs.
The benchmark Hang Seng index fell 0.9 percent, to 21,832.68 points. The Hong Kong China Enterprises Index, which tracks Hong Kong-listed Chinese firms, lost more, taking cues from a sluggish mainland market that retreated after Beijing signalled "prudent and neutral" monetary policy for next year. The index was down 1.0 percent, to 9,377.43 points.
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