Hong Kong equities fell after news that China's FDI declined by annualized 8.7%, attaining two-year low in July. Downside risks and slower inflation created a room for monetary stimulus, according to Wen Jiabao, China's PM. Hints regarding monetary stimulus eased pressure on the China's stocks. The Hang Seng Index slumped by 0.45% to trade at 19,962.95. Only two in ten industries posted gains. The top-performer was technology, rallying by 6.35%. Tencet Holdings surged 6.30%, attaining three-month high after the company announced that its Q2 profits soared 32%. On the downside were telecommunication shares, with China Mobile and China Unicom Hong Kong sliding 0.65% and 5.03%. China Mobile posted a 0.9% decline in EBITDA amid tough competition in the industry. Financial stocks were mixed, with Bank of China declining by 1% and Hang Seng Bank climbing 0.54%.