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Saturday, November 23, 2024

Hong Kong stocks open with losses

Hong Kong stocks fell at the open of trade Tuesday as profit-takers moved in after last week’s healthy rally, with sentiment dented by below-par Chinese economic growth data.

The Hang Seng Index shed 0.46 percent, or 89.44 points, to 19,324.34, as investors returned after Monday’s trading was cancelled because of a severe storm.

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The Shanghai Composite Index slipped 0.09 percent, or 2.84 points, to 3,206.79, while the Shenzhen Composite Index on China’s second exchange edged up 0.11 percent, or 2.23 points, to 2,049.93.

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