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Hong Kong, Shanghai: Stocks flat in opening trade
[HONG KONG] Hong Kong stocks opened flat Wednesday as investors took a breather after four days of gains while a surprisingly weak reading on the US services sector further doused expectations for an interest rate hike.
The Hang Seng Index edged up 10.07 points to 23,797.75.
The benchmark Shanghai Composite Index was also barely moved, ticking up 0.62 points to 3,091.33, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, inched down 0.01 points to 2,048.18.