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Hong Kong: Stocks start with losses

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Hong Kong sank at the start of trade Friday morning on fresh concerns about the global recovery after data showed US jobless claims rose last week for the first time since March.

[HONG KONG] Hong Kong sank at the start of trade Friday morning on fresh concerns about the global recovery after data showed US jobless claims rose last week for the first time since March.

The Hang Seng Index fell 0.88 per cent or 222.24 points to 25,040.76.

The benchmark Shanghai Composite Index shed 0.62 per cent or 20.75 points to 3,304.36 while the Shenzhen Composite Index on China's second exchange eased 0.81 per cent or 18.33 points to 2,232.59.

AFP

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