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Hong Kong stocks open with losses

AFP . Hong Kong
21 Jun 2024 09:40:09 | Update: 21 Jun 2024 09:40:09
Hong Kong stocks open with losses
A man walks past an electronic sign showing numbers of the Hang Seng index in Hong Kong on September 22, 2022 — AFP Photo

Hong Kong stocks fell at the open Friday following a tepid performance on Wall Street, even as data pointed to a slowdown in the US economy that provided the Federal Reserve room to cut interest rates.

The Hang Seng Index fell 1.33 per cent, or 243.98 points, to 18,091.34.

The Shanghai Composite Index lost 0.24 per cent, or 7.20 points, to 2,998.24, while the Shenzhen Composite Index on China's second exchange eased 0.33 per cent, or 5.40 points, to 1,650.46.