Hong Kong: Stocks open lower on Thursday
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HONG KONG stocks fell sharply at the open on Thursday (Nov 10) after US and European markets ended in a sea of red due to inconclusive US election results and a turbulent cryptocurrency market.
The Hang Seng Index shed 1.35 per cent, or 220.30 points, to 16,138.22.
The Shanghai Composite Index dropped 0.71 per cent, or 21.67 points, to 3026.49, while the Shenzhen Composite Index on China’s second exchange was down 0.59 per cent, or 11.93 points to 1999.58 in early trade. AFP
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