SHANGHAI: China and Hong Kong stocks opened lower on Tuesday as investors digested Beijing’s latest stimulus measures, including fresh rate cuts the previous day.
The blue-chip CSI300 Index slipped 0.3% at the market open, while the Shanghai Composite Index went down 0.1%.
China, HK stocks close higher after PBOC begins swap programme
Hong Kong benchmark Hang Seng was down 0.2%. China cut its key lending rates by 25 basis points on Monday to support the economic growth.
Yet stocks have wobbled in recent sessions as investors have turned cautious on whether the policy support will be sufficient to revive growth.
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