Hong Kong stocks fall on rate concerns
Hong Kong stocks dived at the opening of trading on Friday as data indicating a still-strong US jobs market dented hopes the Federal Reserve could hold off hiking interest rates further. The Hang Seng Index sank 0.96 percent, or 174.57 points, to 18,037.60. The Shanghai Composite Index slipped 0.44 percent, or 13.63 points, to 3,068.62, while the Shenzhen Composite Index lost 0.52 percent, or 9.89 points, to 1,901.34. (AFP)