Hong Kong stocks drop at open
Hong Kong stocks opened with losses on Wednesday morning following a healthy three-day run-up, with traders awaiting the first policy speech by city leader John Lee later in the day. The Hang Seng Index slipped 0.64 percent to 16,805. The Shanghai Composite Index eased 0.25 percent to 3,073, while the Shenzhen Composite Index was down 0.29 percent to 1,999. (AFP)