Hong Kong: Shares start lower on Friday

[HONG KONG] Hong Kong stocks opened with losses on Friday morning, extending the previous day's retreat, on fresh crackdown fears after China unveiled plans for further regulation of its vast economy.

The Hang Seng Index fell 0.84 per cent, or 221.63 points, to 26,296.19.

The Shanghai Composite Index slipped 0.29 per cent, or 10.27 points, to 3,514.47, while the Shenzhen Composite Index on China's second exchange was down 0.39 per cent, or 9.77 points, to 2,468.57.

AFP