HK shares drift in early trade
Hong Kong stocks were barely moved at the start of trade on Friday as bargain-buying and hopes for a slower pace of Federal Reserve rate hikes were offset by another sell-off in US tech firms caused by weak earnings reports. The Hang Seng Index inched down 3 points to 15,242. The Shanghai Composite Index dropped 0.5 percent to 2,967, while the Shenzhen Composite Index fell 0.8 percent to 1,930. (AFP)