India, Sept. 23 -- Hong Kong stocks moved lower on Wednesday, with the Hang Seng Index falling 215 points, or 0.9%, to 24,873. The decline came after three consecutive sessions of gains, with investors taking profits in technology stocks. Market participants are also watching the expected meeting between Chinese President Xi Jinping and US President Donald Trump for indications on trade relations, semiconductors, artificial intelligence and global supply chains.

Why Are Hong Kong Stocks Falling?

Technology shares came under pressure after their recent gains, weighing on the broader Hong Kong market. Investors also adopted a cautious approach ahead of developments involving China-US relations. The technology sector remains particularly s...