Hong Kong, Shanghai: Stocks dive at open

[HONG KONG] Hong Kong and Shanghai stocks slipped soon after opening Monday, hit by further selling in energy firms as oil prices continued to retreat to multi-year lows.

The Hang Seng Index in Hong Kong sank 1.87 per cent, or 400.77 points, to 21,063.28.

And in Shanghai the composite index lost 0.90 per cent or 31.07 points, to 3,403.51, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.96 per cent, or 21.14 points, to 2,174.72.

AFP