Hong Kong shares eased up, losing momentum after Friday's rally. Easing measures in the US continued to lend support for China blue chips. However, fears that POBC will not loosen its monetary policy as quickly as expected created heavy pressure on the Chinese equities. Moreover, Citigroup Inc lowered its China's growth forecast for this year from 8.00% to 7.6%. The Hang Seng Index inched up 0.14% to close at 20,658.11. Five out of nine business sectors included in the index rose. Oil and gas companies and consumer services were the top-performers. CNOOC and PetroChina advanced 3.70% and 0.81% amid rallying oil prices. Among consumer services, Sands China soared 2.46%. On the downside were property developers as home prices in the major China's cities dropped 4.7% last week. Sino Land, China Overseas Land & Investment and New World Development plunged 2.09%, 1.83% and 0.34%, respectively.