Hong Kong: Shares sharply down at Friday's open

[HONG KONG] Hong Kong stocks opened with big losses on Friday morning after a number of top Federal Reserve officials pushed for a more hawkish approach to fighting inflation.

The Hang Seng Index fell 1.00 per cent, or 243.91 points, to 24,185.86.

The Shanghai Composite Index eased 0.31 per cent, or 11.19 points, to 3,544.07, while the Shenzhen Composite Index on China's second exchange slipped 0.51 per cent, or 12.30 points, to 2,422.61.

AFP