Hong Kong stock market finished session lower on Monday, 24 May 2021, following a tepid lead from Wall Street, and as quarterly rebalancing of the city's stock benchmark reduced the weighting of top-tier AIA Group, Tencent Holdings and HSBC under a new 8% cap on each stock. At closing bell, the benchmark Hang Seng Index was down 0.16%, or 46.18 points, to 28,412.26. The Hang Seng China Enterprises Index fell 0.57%, or 61.17 points, to 10,641.40. The sub-index of the Hang Seng tracking commerce & industry sector fell 0.48%, while the utilities sector rose 0.69%, the finance sector added 0.09%, and the properties sector added 0.11%. Shares of Tencent retreated 0.2% to HK$585.50 while AIA lost 0.2% to HK$101.50 as quarterly rebalancing of the city's stock benchmark. The quarterly rebalancing will reduce the representation of index heavyweights because of an 8% cap on each index member, affecting AIA (current weight 10.1%), Tencent (9.1%) and HSBC (8.3%).