Hong Kong Stocks Open Lower

Hong Kong stocks open lower

HONG KONG, (Pakistan Point News - APP -24th Augst,2016) - Shares retreated soon after opening in Hong Kong on Wednesday, with energy firms taking another hit as oil fell again following data showing a pick-up in US inventories. The Hang Seng Index dipped 0.13 percent, or 29.70 points, to 22,969.23. But the benchmark Shanghai Composite Index was slightly higher, edging up 2.31 points to 3,092.02, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.10 percent, or 2.09 points, to 2,026.14.