Hong Kong Index Closes at 17,444.30 After Four-Session Slide

On May 29 the Hong Kong 50 finished at 17,444.30, capping a four-day losing streak that erased more than 550 points or 3.2 percent. The index slipped another 13 points on the session as technology and financial shares weighed while property names lent support. Global cues remained mixed ahead of U.S. payrolls data, with WTI crude easing to a nine-month low of $69.15. The prior session had seen the benchmark close at 25,328.23 after a two-day drop of 271 points, setting the stage for the extended pullback now in focus.