HK stocks down; mainland markets up after holiday
Hong Kong shares dipped on Monday after a hot US inflation report rekindled worries over the timing of Fed rate cuts, but mainland stocks gained after the week-long holiday. The Hang Seng Index fell 0.47 percent in early trade to 16,263. The Shanghai Composite Index was up 0.28 percent at 2,874, and the Shenzhen Composite Index on the mainland's second exchange added 1.16 percent to 1,596. (AFP)