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Hong Kong, Shanghai: Stocks start day on a low

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[HONG KONG] Hong Kong and Shanghai stocks fell in early trade Wednesday following broad losses in Europe and New York as the International Monetary Fund cut its global growth forecast citing worries about the impact of Britain's vote to leave the EU.

The Hang Seng Index edged down 0.12 per cent, or 26.81 points, to 21,646.39.

And the benchmark Shanghai Composite Index slipped 0.06 per cent, or 1.89 points, to 3,034.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.04 per cent, or 0.90 points, to 2,035.35.