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Hong Kong stocks extend losses at open

Hong Kong stocks extend losses at open

Hong Kong stocks fell soon after the open on Wednesday, tracking losses on Wall Street, as investors fret over a possible sharp rise in US interest rates.

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16.05.2018 12:06 PM

Hong Kong stocks fell soon after the open on Wednesday, tracking losses on Wall Street, as investors fret over a possible sharp rise in US interest rates.

The Hang Seng Index dipped 0.44 percent, or 137.31 points, to 31,014.72.

And the benchmark Shanghai Composite Index gave up 0.37 percent, or 11.89 points, to 3,180.23, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.32 percent, or 5.92 points, to 1,833.96.
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