Stock Market

Hong Kong's key stock index slid 0.62 percent to a three-month closing low on Monday as investors sold bank and property stocks, rattled by news about Bank of China's (BoC) fundraising plans and higher mortgage rates on the mainland. The same jitters also sent the Shanghai Composite Index down 1.09 percent to a one-month closing low in shrinking turnover at 3,094.411 points, extending the previous week's 3 percent loss, the biggest weekly fall in more than a month.