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Hong Kong: Stocks open lower

40778647 - 05_12_2016 - HONG KONG-CHINA-MARKET-STOCKS-SHENZHEN.jpg

[HONG KONG] Hong Kong stocks opened lower on Tuesday as investors look ahead to this week's Federal Reserve policy meeting expecting it to hike interest rates.

The Hang Seng Index fell 0.11 per cent, or 25.40 points, to 22,407.62.

And the benchmark Shanghai Composite Index slid 0.44 per cent, or 13.98 points, to 3,138.99, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.31 per cent, or 6.18 points, to 1,963.15.


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