Hong Kong stocks open down after 3-day rally
Hong Kong stocks opened lower on Friday morning as profit-takers moved in after a three-day rally that saw the market pile on more than eight percent on hopes Beijing will unveil fresh economic stimulus measures. The Hang Seng Index eased 0.33 percent to 16,159. The Shanghai Composite Index slipped 0.28 percent to 2,897, and the Shenzhen Composite Index on the mainland's second exchange fell 0.34 percent to 1,684. (AFP)