HK stocks slump almost 2pc at open
Hong Kong stocks sank at the open on Thursday on lingering worries that surging inflation and interest rate hikes will tip economies into recession. The Hang Seng Index fell 1.70 percent to 16,230. The Shanghai Composite Index slipped 0.5 percent to 3,029, while the Shenzhen Composite Index fell 0.6 percent to 1,969. (AFP)