Hong Kong stocks finished the month lower on Thursday, weighed down by global trade tensions and worries about potential U.S. interest rate increases.

The Hang Seng Index ended the day down 0.7 percent, or 210.84 points, at 30,479.41.

The Hang Seng China Enterprises Index lost 0.8 percent to 12,049.52.

Turnover decreased to HK$94.4 billion from Wednesday’s HK$104.9 billion.

Analysts cited ongoing trade disputes between the United States and China as a primary factor contributing to market uncertainty.

Concerns regarding the pace of interest rate hikes by the U.S. Federal Reserve also dampened investor sentiment.

Real estate stocks were among the biggest losers, with Henderson Land Development falling 2.1 percent and Sun Hung Kai Properties losing 1.5 percent.

Financials also faced headwinds, with HSBC Holdings down 0.6 percent and China Construction Bank losing 1.1 percent.

Energy stocks bucked the trend, supported by higher oil prices. CNOOC gained 1.4 percent, while PetroChina added 0.7 percent.

Looking ahead, investors are expected to closely monitor developments in trade negotiations and economic data releases for further direction.