HONG KONG (Nikkei Markets) -- Hong Kong shares fell for a second consecutive trading day on Monday, weighed down by extended weakness for Apple suppliers listed in the city and lingering concerns over U.S.-China trade tensions.
The Hang Seng Index lost 0.5% to close at 30,254.40. Apple suppliers Sunny Optical Technology Group and AAC Technologies Holdings dropped 6.9% and 1.9%, respectively. The declines followed a warning last Thursday by contract chipmaker Taiwan Semiconductor Manufacturing Co. about softening demand for smartphones when it lowered its annual revenue forecast.
