Hong Kong stocks open lower, another weekend of strife ahead
PHOTO: AFP
More protests in Hong Kong over the weekend, and threats of interruptions to communist China’s 70th anniversary celebrations starting tomorrow, is weighing heavily on investors this morning.
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Hong Kong stocks opened lower this morning, extending losses at the end of last week, a day before mass pro-democracy protests planned in the city on communist China’s 70th anniversary.
The Hang Seng Index fell 0.36%, or 94.08 points, to 25,860.73.
The benchmark Shanghai Composite Index lost 0.14%, or 4.25 points, to open at 2,927.92 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged down 0.02%, or 0.27 points, to 1,611.99.
Read more about the weekend’s strife HERE.
SOURCE: Agence France-Presse
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