Markets

Hong Kong stocks open on back foot

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HONG KONG: Hong Kong stocks edged slightly lower in opening trade Friday following losses on Wall Street and with investors fretting over the outlook for China’s economy.

The Hang Seng Index dipped 0.05 percent, or 9.32 points, to 18,918.70.

Hong Kong stocks tick higher at open

The Shanghai Composite Index shed 0.19 percent, or 6.10 points, to 3,163.42, while the Shenzhen Composite Index on China’s second exchange lost 0.18 percent, or 3.68 points, to 2,011.97.