Hong Kong: Stocks dip at open

[HONG KONG] Hong Kong stocks retreated in opening trade Friday as profit-takers moved in following a near-two per cent rally the previous day.

The Hang Seng index fell 0.86 per cent, or 196.61 points, to 22,642.50.

The benchmark Shanghai Composite Index was flat, edging down 1.88 points to 3,169.40, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, inched up 0.01 per cent, or 0.15 points, to 2,097.04.

AFP