Hong Kong stocks open lower ahead of Fed decision
Hong Kong stocks opened lower on Tuesday as traders gear up for a Federal Reserve interest rate decision this week, hoping for guidance on its plans for interest rates. The Hang Seng Index dropped 0.65 percent, or 109.05 points, to 16,628.07. The Shanghai Composite Index eased 0.23 percent, or 6.95 points, to 3,077.98, while the Shenzhen Composite Index shed 0.25 percent, or 4.46 points, to 1,798.98. (AFP)