HK stocks post slimmer winnings by noon

Hong Kong stocks closed flat as of midday, seeing most of its morning gains erased.

The benchmark Hang Seng Index inched up 0.18 percent or 41.5 points to 22,661 by noon, with a Main Board turnover of HK$252.8 billion.

The blue-chip index once hit 22,977 points in the morning – enjoying extended optimism for Chinese tech shares – the highest in over four months. The indicator retreated to as low as 22,505 points during the session.

The Hang Seng Tech Index swung, falling 0.11 percent and ending the morning at 5,519 points.