HK stocks open lower after Fed rate comments
Hong Kong stocks opened in negative territory on Thursday following steep losses in New York as Federal Reserve officials lined up to warn further interest rate hikes would be coming and would stay high for some time. The Hang Seng Index lost 0.6 percent to 21,154. The Shanghai Composite Index dipped 0.1 percent to 3,227, while the Shenzhen Composite Index fell 0.2 percent to 2,136. (AFP)