MW: Hong Kong falls as most commodity stocks decline
HONG KONG (MarketWatch) -- Hong Kong shares traded lower early Monday in response to a fall on Wall Street and a broad drop in other Asian equities, though the losses in China-related companies were limited as Shanghai stocks outperformed the rest of the region. Commodity stocks lost ground following the drop in crude-oil and base metal prices, though gold miners like Zijin Mining Industry Co. Ltd. (HK:2899 7.81, +0.14, +1.83%) were buoyed, as the precious metal's price remained above $1,000 a troy ounce. The Hang Seng Index fell 1% to 20,959.71, and the Hang Seng China Enterprises Index fell 0.8%. China's Shanghai Composite was flat at 2,989.99 in morning trade.
