Markets

Hong Kong shares open with losses

Published November 1, 2021 Updated November 1, 2021 09:17am
By

HONG KONG: Hong Kong and Shanghai stocks started Monday on the back foot after data showed Chinese factory activity shrunk last month, pointing to further weakness in the world's number two economy.

The Hang Seng Index fell 0.43 percent, or 108.89 points, to 25,268.35.

The Shanghai Composite Index shed 0.48 percent, or 16.94 points, to 3,530.40, while the Shenzhen Composite Index on China's second exchange fell 0.51 percent, or 12.13 points, to 2,387.90.