Hong Kong stocks down 0.13% by lunch

Hong Kong shares dipped 0.13 percent on profit-taking Tuesday morning after surging almost two percent in the previous session in response to China's surprise rate cut.

The benchmark Hang Seng Index eased 30.23 points to 23,862.91 by the break, on turnover of HK$35.72 billion ($4.61 billion).

dan/mtp