Hong Kong stocks open with losses
Hong Kong stocks opened on the back foot on Monday following a hefty drop on Wall Street, with strong US inflation data fanning fears of further Federal Reserve interest rate hikes. The Hang Seng Index lost 0.94 percent to 19,821. The Shanghai Composite Index slipped 0.31 percent to 3,257, while the Shenzhen Composite Index eased 0.24 percent to 3,259. (AFP)