BCN-04 Hong Kong stocks down at open

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ZCZC

BCN-04

STOCKS-MARKET-HONGKONG-CHINA-OPEN

Hong Kong stocks down at open

HONG KONG, July 27, 2018 (BSS/AFP) – Hong Kong stocks opened lower on
Friday, following a negative lead from Wall Street where shares are under
pressure from Facebook’s plunge and metal tariffs that are still hurting US
auto brands.

The Hang Seng Index fell 0.35 percent, or 100.96 points, to 28,680.18.

The benchmark Shanghai Composite Index eased 0.09 percent, or 2.54 points,
to 2,879.69, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, lost 0.12 percent, or 1.93 points, to 1,607.80.

BSS/AFP/MRI/0839 hrs