Business News

Hong Kong, Shenzhen stocks down at break

HONG KONG,(MILLAT+APP/AFP) – Hong Kong and Shenzhen stocks
suffered a sell-off in the morning in a disappointing start for a link-up between the two exchanges that allows investors more access to companies on either side of the Chinese border.
The Hang Seng Index fell 0.36 percent, or 80.58 points, to 22,484.24
by the break, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was 0.63 percent lower, or 13.23 points, at 2,071.26.
The benchmark Shanghai Composite Index dropped 1.30 percent, or 42.10
points, to 3,201.74.