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Shanghai, HK: Hong Kong up on Wall St lead but Shanghai dips


[HONG KONG] Hong Kong shares edged up for a second day early Wednesday, following a positive lead from Wall Street, but worries about China's economy saw Shanghai edge lower in the first few minutes.

The Hang Seng Index in Hong Kong rose 0.23 per cent, or 52.03 points, to 22,433.38.

But the benchmark Shanghai Composite Index slipped 0.17 per cent, or 6.03 points, to 3,450.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.31 per cent, or 6.85 points, to 2,191.43.