India, May 15 -- The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.
The global forecast for the Asian markets is upbeat on easing inflation and tariff concerns. The European markets were up and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.
The Hang Seng finished modestly lower on Thursday following losses from the property stocks, technology companies and insurance companies.
For the day, the index stumbled 187.49 points or 0.79 percent to finish at 23,453.16 ...