Hong Kong: Stocks tumble at open

[HONG KONG] Hong Kong stocks tumbled more than two per cent in opening exchanges Monday as investors fret over the outlook for the global economy.

The Hang Seng Index sank 2.10 per cent, or 611.99 points, to 28,501.37.

The benchmark Shanghai Composite Index fell 1.46 per cent, or 45.35 points, to 3,058.80 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.72 per cent, or 29.32 points, to 1,671.62.

AFP