Hong Kong: Stocks flat as trading begins

HONG KONG stocks were barely moved at the open of business on Friday (Sep 30) following another painful week for the market, with investor confidence being battered by a range of crises including an expected recession, the Ukraine war and China’s economic woes.

The Hang Seng Index inched up 0.06 points to 17,165.93.

Mainland markets were also flat, with the Shanghai Composite Index edging 0.96 points higher to 3,042.17 and the Shenzhen Composite Index on China’s second exchange adding 0.16 points to 1,937.36. AFP