Hong Kong stocks close 0.16% lower

Hong Kong shares ended 0.16 percent lower Monday on last-minute profit-taking after the index spent most of the day in positive territory following a Wall Street rally.

The benchmark Hang Seng Index fell 36.83 points to 23,685.01 on turnover of HK$128.16 billion ($16.53 billion).

However Chinese shares closed up 0.38 percent. The benchmark Shanghai Composite Index rose 9.13 points to 2,428.15 on turnover of 152.5 billion yuan ($24.5 billion).