Hong Kong stocks open sharply lower

25 Jan, 2022

HONG KONG: Hong Kong stocks suffered more losses at the start of trade Tuesday following a volatile day on Wall Street, with concerns over the Federal Reserve's plans to hike interest rates compounded by worries over the Ukraine crisis.

The Hang Seng Index plunged 1.64 percent, or 404.94 points, to 24,251.52.

Hong Kong shares close lower

The Shanghai Composite Index lost 0.42 percent, or 14.82 points, to 3,509.28, while the Shenzhen Composite Index on China's second exchange fell 0.46 percent, or 11.01 points, to 2,381.24.

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