Hong Kong stocks open with steep losses
Hong Kong shares opened sharply lower on Friday morning, dragged by tech firms after a disappointing earnings report from e-commerce titan Alibaba that added to worries about China's consumer demand. The Hang Seng Index fell 0.97 percent, to 19,535. The Shanghai Composite Index slipped 0.26 percent, to 3,288, while the Shenzhen Composite Index eased 0.15 percent, to 2,025. (AFP)