HK stocks open lower, tracking overseas falls
Hong Kong stocks opened with more losses on Monday following another painful week across world markets fuelled by recession fears as central banks ramp up interest rates to battle inflation. The Hang Seng Index dropped 0.6 percent to 17,833. The Shanghai Composite Index sank 0.8 percent to 3,065, while the Shenzhen Composite Index on China's second exchange lost 0.6 percent to 1,951. (AFP)