Shanghai, Hong Kong: Stocks down in opening exchanges
[HONG KONG] Stocks in Shanghai and Hong Kong dipped in the first few minutes of trade Wednesday following a negative lead from Wall Street after a weak batch of data raised concerns about the US economy.
The benchmark Shanghai Composite Index lost 0.50 per cent, or 17.33 points, to 3,417.01.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.66 per cent, or 13.55 points, to 2,030.23.
And the Hang Seng Index in Hong Kong dipped 0.30 per cent, or 69.48 points, to 23,073.25.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Wall Street bulls say stock rally can resume even without rate cuts
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival