In Hong Kong, the Hang Seng Index closed the week down 1.98 per cent, or 201.64 points, at 9,939.2 as traders turned cautious after recent gains. The unresolved political situation, with a replacement yet to be found for the post of financial secretary, injected further wariness into the market. 'The rebound in the US overnight [on Friday] will help sentiment in Hong Kong but players are cautious waiting for more results from corporate America,' said Kenny Tang Sing-hing at Tung Tai Securities. Many local blue chips are also reporting results in August, which will give the market direction. This week, traders will be looking to see whether big players in the futures markets roll over contracts when they expire on Wednesday. Mr Tang expects the benchmark index to trade between 9,800 and 10,100.