Hong Kong: Shares open lower on Wednesday

HONG KONG stocks fell at the start of trade on Wednesday (Jul 6) following a see-saw day on Wall Street, as recession fears continue to weigh on sentiment, though tech firms provided some support.

The Hang Seng Index slipped 0.35 per cent, or 75.43 points, to 21,777.64.

The Shanghai Composite Index lost 0.38 per cent, or 13.00 points, to 3,391.03, while the Shenzhen Composite Index on China’s second exchange eased 0.30 per cent, or 6.64 points, to 2,226.34. AFP