Hong Kong stocks open marginally higher on US PPI
Hong Kong stocks edged slightly higher at the opening on Monday after data showing the US producer price index rose less than expected, providing fresh hope for an early interest rate cut. The Hang Seng Index added 0.08 percent, or 13.70 points, to 16,258.28. The Shanghai Composite Index lost 0.33 percent, or 9.42 points, to 2,872.56, and the Shenzhen Composite Index slipped 0.37 percent, or 6.43 points, to 1,742.99. (AFP)