Stock Market

The Hong Kong dollar was marginally off its 15-month low at 7.7642 against the US dollar as the repatriation of funds by Chinese banks after Beijing lifted reserve requirements last week slowed slightly. "The repatriation of funds (by Chinese banks) continued but at a slower pace," said a dealer at a local Chinese bank, adding that the soft market tone was expected to remain as overseas companies may repatriate funds after listing in the territory despite lending restriction news in the mainland.