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HONG KONG: Hong Kong stocks opened sharply lower on Friday morning, in line with a sell-off across Asia following the discovery of a new virus variant that has several mutations and has fanned fears it could spread globally.

The Hang Seng Index sank 0.96 percent, or 237.48 points, to 24,502.68.

Hong Kong shares up at start of trade

The Shanghai Composite Index eased 0.23 percent, or 8.07 points, to 3,576.11, while the Shenzhen Composite Index on China's second exchange slipped 0.18 percent, or 4.57 points, to 2,507.65.

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