Hong Kong: Stocks down at open

HONG KONG stocks opened with more losses Thursday (Sep 1) morning as world markets continued to be buffeted by an expected ramp-up in US interest rates to fight inflation.

The Hang Seng Index sank 0.97 per cent, or 192.67 points, to 19,761.72.

The Shanghai Composite Index lost 0.24 per cent, or 7.74 points, to 3,194.40, while the Shenzhen Composite Index on China’s second exchange eased 0.15 per cent, or 3.06 points, to 2093.00. AFP