(RTTNews) - The Hong Kong stock market halted the three-day winning streak in which it had jumped more than 480 points or 1.9 percent. The Hang Seng Index now sits just above the 24,830-point plateau and it's tipped to open in the red again on Thursday. The global forecast for the Asian markets is negative thanks to a rebound in crude oil prices and a spike in treasury yields. The European and U.S. markets were down and the Asian bourses are expected to follow that lead. The Hang Seng finished sharply lower on Wednesday following losses from the technology and communications companies. For the day, the index dropped 253.63 points or 1.01 percent to finish at 24,834.12 after trading between 24,811.85 and 25,072.25.
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