Hong Kong stocks open lower on weak Wall Street
Hong Kong stocks opened with marginal losses on Wednesday morning following another tepid lead from Wall Street as investors grow worried that US interest rates might not come down as much as hoped this year. The Hang Seng Index inched down 4.67 points to 16,926.85. The Shanghai Composite Index was also barely moved, giving up just 0.07 points to 3,074.89, while the Shenzhen Composite Index eased 0.27 percent, or 4.75 points, to 1,774.94. (AFP)