HONG KONG: Hong Kong stocks opened with a loss Monday morning following fresh selling on Wall Street as the rally at the end of last week ran out of steam, with focus turning to the upcoming earnings season.

The Hang Seng Index dropped 0.65 percent, or 107.95 points to 16,479.74.

Hong Kong stocks end week with gains

The Shanghai Composite Index shed 0.37 percent, or 11.47 points to 3,060.52, while the Shenzhen Composite Index on China’s second exchange slipped 0.50 percent, or 9.97 points, to 1,974.37.