Markets

Hong Kong stocks dip at open after Wall St losses

Published November 21, 2016 Updated November 21, 2016 03:06am

1 min

By Imad Uddin

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HONG KONG: Hong Kong stocks dipped in the first few minutes of trade Monday, tracking losses on Wall Street as investors bet on a steeper rise in US interest rates than previously expected.

The Hang Seng index fell 0.14 percent, or 31.17 points, to 22,313.04.

And the benchmark Shanghai Composite Index slipped 0.14 percent, or 4.36 points, to 3,188.50, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.03 percent, or 0.68 points, to 2,110.60.

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