Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares drag

Hong Kong stocks fell on Wednesday, tracking weakness across Asian markets as rising oil prices weighed on sentiment and investors sold major internet and biotechnology companies, according to a report by Reuters.

The benchmark Hang Seng Index slipped 0.5% by the lunch break, while the Hang Seng China Enterprises Index declined 0.7%. The Hang Seng Tech Index was down 0.9%.