Hong Kong stocks drifted lower in unsettled trading yesterday, with investors cautious ahead of today's US Federal Reserve meeting.
Most market players did not expect the Fed to change interest rates at the current meeting, but many fear being caught holding stocks if it does.
What little buying there was favoured selected stocks such as HSBC and conglomerate Swire Pacific.
The Hang Seng Index closed 18.29 points down at 11,002.61. At one stage it was 60.87 points up.
Turnover rose to $3.83 billion, from the revised $3.26 billion for Friday.
Sassoon Securities dealing director Michael Ng said: 'Turnover is not encouraging. People are just waiting for the interest rate direction from Wall Street.' Mixed economic data from the US has left investors confused about whether the Federal Open Market Committee will raise rates this month.