BCN-01 Hong Kong stocks open lower

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BCN-01

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks open lower

HONG KONG, Dec 14, 2018 (BSS/AFP) – Hong Kong shares opened sharply lower
Friday as investors cashed out following a healthy three-day rally fuelled by
US-China trade talks hopes.

The Hang Seng Index shed 1.15 percent, or 305.35 points, to 26,219.00.

The benchmark Shanghai Composite Index lost 0.26 percent, or 6.77 points,
to 2,627.28, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, slipped 0.26 percent, or 3.50 points, to 1,357.42.

BSS/AFP/MRI/0809 HRS