BCN-01 Hong Kong shares open lower

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BCN-01

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong shares open lower

HONG KONG, June 16, 2021 (BSS/AFP) – Hong Kong stocks edged lower at the start of Wednesday’s trading following a soft Wall Street lead as data showed a big spike in US factory gate inflation, while investors await the conclusion of the Federal Reserve’s latest policy meeting.

The Hang Seng Index dipped 0.10 percent, or 29.16 points, to 28,609.37.

The benchmark Shanghai Composite Index was barely moved, inching up 0.15 points to 3,556.71, while the Shenzhen Composite Index on China’s second exchange eased 0.10 percent, or 2.44 points, to 2,385.47.

BSS/AFP/MSY/0838 hrs