BCN-04 Hong Kong stocks down in early trade

248

ZCZC

BCN-04

STOCKS-MARKETS-WORLD-HONGKONG-CHINA-OPEN

Hong Kong stocks down in early trade

HONG KONG, Dec 20, 2018 (BSS/AFP) – Hong Kong shares opened lower Thursday,
following losses on Wall Street after the US Federal Reserve hiked interest
rates for the fourth time this year.

The Hang Seng Index was down 0.19 percent, or 48.79 points, to 25,816.60
in early trade.

The benchmark Shanghai Composite Index lost 0.20 percent, or 5.05 points,
to 2,544.51, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, fell 0.23 percent, or 2.98 points, to 1,291.51.

BSS/AFP/MR/ 1130 hrs