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Hong Kong: Stocks retreat at open

Tuesday, August 23, 2016 - 09:55

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[HONG KONG] Hong Kong stocks slipped in the first few minutes of trade on Tuesday following losses on Wall Street and in Europe, with energy firms hit again by falling oil prices.

The Hang Seng Index dipped 0.31 per cent, or 70.44 points, to 22,927.47.

The benchmark Shanghai Composite Index shed 0.11 per cent, or 3.24 points, to 3,081.57, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.09 per cent, or 1.73 points, to 2,016.93.


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