Hong Kong stocks close lower as materials weaken, cryptocurrency…

May 24 (Reuters) – Hong Kong stocks closed lower on Monday, as materials firms slid after China stepped up intervention in the commodities market, even as cryptocurrency-related stocks dived after Beijing’s latest crackdown. ** The Hang Seng index fell 0.2%, to 28,412.26, while the China Enterprises Index lost 0.6%, to 10,641.40 points. ** Leading the…