HK market dips in morning trade, tracking US falls
Hong Kong stocks fell in early trade on Thursday after big losses on Wall Street driven by profit-taking after an extended rally fuelled by bets on Federal Reserve interest rate cuts next year. The Hang Seng Index fell almost 1.0 percent to 16,455. The Shanghai Composite Index slipped 0.4 percent to 2,892, and the Shenzhen Composite Index also fell 0.4 percent to 1,778. (AFP)