HK stocks open up despite rates disappointment
Hong Kong stocks opened with a small gain on Thursday after suffering hefty losses in the first two days of the year, though traders were left disappointed by minutes showing the Federal Reserve could keep interest rates higher for longer to beat inflation. The Hang Seng Index edged up 0.2 percent to 16,673. The Shanghai Composite Index dipped 0.1 percent to 2,965, and the Shenzhen Composite Index also dipped 0.1 percent to 1,810. (AFP)