Hong Kong: Stocks drop at open
Published Thu, Jun 30, 2022 · 09:45 AM
HONG KONG stocks opened on the back foot on Thursday (Jun 30) morning following another tepid lead from Wall Street as traders grew increasingly worried about the impact of surging inflation and higher interest rates.
The Hang Seng Index fell 0.36 per cent, or 79.44 points, to 21,917.45.
The Shanghai Composite Index dipped 0.08 per cent, or 2.58 points, to 3,358.93, while the Shenzhen Composite Index on China’s second exchange added 0.08 per cent, or 1.85 points, to 2,196.36. AFP
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