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Hong Kong, Shanghai: Stocks open down on Britain uncertainty


[HONG KONG] Hong Kong and Shanghai stocks fell in line with a global sell-off Tuesday, as traders flee to safe investments due to uncertainty over the future of Britain's economy after last week's vote to leave the EU.

The Hang Seng Index fell 1.30 per cent, or 262.48 points, to 19,964.82.

And the benchmark Shanghai Composite Index lost 0.37 per cent, or 10.69 points, to 2,885.01, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gave up 0.33 per cent, or 6.42 points, to 1,940.28.