Market forces are expected to be locked in opposition this week as Saturday's horrific terrorist attack in Bali counters any hopes a hefty two-day rally on Wall Street was anything but a shorts squeeze.
The Hang Seng Index fell 85.64 points or 0.94 per cent last week to 8,965.73.
Before the weekend, investors had been hoping for an opportunity to take part in the rally at the end of last week on Wall Street which saw the Dow Jones Industrial Average surge 7.74 per cent.
Instead, Hong Kong will probably be left grappling with the implications of Saturday night's car-bomb attacks on the resort island of Bali.
'Indonesia will neutralise the roaring comeback on Wall Street,' said Alex Tang Yee-yuk, research head at Core Pacific-Yamaichi Securities.
Analysts said one of the few bright spots would probably be the sale of 122 million remaining Tracker Fund units.