Hong Kong stocks open lower on rate concerns
Hong Kong stocks chalked up more losses on Tuesday morning as investors worried about the possibility the Federal Reserve would continue to hike interest rates. The Hang Seng Index dropped 0.38 percent, or 67.44 points, to 17,661.85. The Shanghai Composite Index dipped 0.05 percent, or 1.59 points, to 3,114.02, while the Shenzhen Composite Index eased 0.16 percent, or 2.98 points, to 1,901.59. (AFP)