HONG KONG, Aug 31 (Reuters) - Hong Kong stocks ended lower on Tuesday, posting a 2.5 percent drop for the month as a cloudy outlook for growth in developed economies pushed investors to the sidelines and with charts pointing to further weakness.
The benchmark Hang Seng Index <.HSI> fell 200.73 points to 20,536.49, closing slighlty below a near-term technical support level that had limited losses in recent sessions. The China Enterprises Index <.HSCE> fell 1.12 percent to 11,402.9.
Foxconn International Holdings Ltd <2038.HK> led the Hong Kong market lower with a 7 percent slump after the beleagured contract cell phone maker slipped further into red as it fights rising costs, falling handset prices and wage pressures. [ID:nTOE67U03X]
Foxconn is the Hang Seng Index's worst performer in 2010, down 43 percent compared with a 6.1 percent fall for the index. (Reporting by Vikram Subhedar; Editing by Chris lewis) (vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))