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Markets

Hong Kong stocks open on the back foot

Published Updated
Photo: REUTERS
Photo: REUTERS
By

HONG KONG: Hong Kong fell at the open Wednesday, tracking losses on Wall Street ahead of the Federal Reserve’s monetary policy announcement later in the day.

The Hang Seng Index dipped 0.32 percent, or 57.92 points, to 17,939.25.

Hong Kong stocks tick higher at start of business

The Shanghai Composite Index retreated 0.20 percent, or 6.29 points, to 3,118.67, while the Shenzhen Composite Index on China’s second exchange eased 0.18 percent, or 3.50 points, to 1,901.15.

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