Hong Kong stocks end 1.02% lower

Hong Kong shares closed 1.02 percent lower on Tuesday, in line with losses in Shanghai owing to concerns about possible measures on the mainland aimed at curbing rising property prices.

The benchmark Hang Seng Index fell 238.03 points to 23,143.91 on turnover of HK$65.11 billion ($8.40 billion).

Chinese shares closed down 1.60 percent. The benchmark Shanghai Composite Index lost 38.65 points to 2,382.91 on turnover of 106.3 billion yuan ($17.0 billion).