You are here

Hong Kong, China: Stocks open lower


[HONG KONG] Hong Kong and Shanghai stocks slipped in early trade Thursday following a strong two-day rally and after China released data showing inflation in the country came in at two per cent for August.

The benchmark Hang Seng Index fell 2.36 per cent, or 522.04 points, to 21,609.27.

In Shanghai the composite index slipped 1.66 per cent, or 52.54 points to 3,190.55.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.60 per cent, or 28.81 points, to 1,770.03.