Hong Kong: Stocks start on back foot
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HONG KONG stocks opened with losses on Monday (Sep 5) morning following a sharp sell-off on Wall Street as traders fret over the global economic outlook after Russia shut off gas supplies to Europe.
The Hang Seng Index fell 0.79 per cent, or 153.00 points, to 19,299.09.
The Shanghai Composite Index eased 0.08 per cent, or 2.53 points, to 3,183.95, while the Shenzhen Composite Index on China’s second exchange lost 0.21 per cent, or 4.42 points, to 2,085.31. AFP
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