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Hong Kong, Shanghai stocks tumble at open


[HONG KONG] Stocks in Hong Kong and Shanghai tumbled at the open on Friday, extending a global sell-off on concerns about higher US interest rates, while traders await the release of Chinese growth data.

The Hang Seng Index fell 1.11 per cent, or 282.52 points, to 25,172.03.

And the benchmark Shanghai Composite Index shed 1.06 per cent, or 26.34 points, to 2,460.08, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, sank 1.35 per cent, or 16.68 points, to 1,215.33.


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