Hong Kong: Shares drop at Tuesday's open

[HONG KONG] Hong Kong stocks fell more than one per cent at the open of trade Tuesday following steep losses on Wall Street, with investors keeping tabs on the release of key US inflation data later in the week.

The Hang Seng Index fell 1.08 per cent, or 309.10 points, to 28,286.56.

The benchmark Shanghai Composite Index slipped 0.62 per cent, or 21.39 points, to 3,406.60, while the Shenzhen Composite Index on China's second exchange retreated 0.64 per cent, or 14.25 points, to 2,229.68.

AFP