Hong Kong stocks open lower after Fed rate cut

01 Aug, 2019

The Hang Seng Index dropped 0.40 percent, or 110.92 points, to 27,666.83 in opening trade.

The benchmark Shanghai Composite Index also opened 0.40 percent, or 11.66 points lower, at 2,920.85.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.49 percent, or 7.77 points, to open at 1,563.53.

Copyright AFP (Agence France-Press), 2019
 

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