HK stocks seen range trading awaiting fresh factors

Newswire

HONG KONG, May 24 (Reuters) - Hong Kong stocks are seen trading in a narrow range on Tuesday as investors continue to digest the implications of last week's interest rate hike and with few fresh factors to drive the market. "It will be a pretty quiet day. We are still digesting the impact of the interest rate hike," said Steven Leung, director of institutional sales at UOB Kayhian. The blue-chip Hang Seng Index closed 0.13 percent lower at 13,699.13 points as higher borrowing costs weighed ...

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