Hong Kong stocks open with losses

This general view shows the flag (C) of the Stock Exchange of Hong Kong flying next to the Chinese national flag (2nd L) and the Hong Kong SAR flag (R), outside the exchange offices in the Central district of Hong Kong on September 11, 2019.(Photo by Nicolas ASFOURI / AFP)

 

HONG KONG, China (AFP) — Hong Kong started on the back foot Tuesday as investors fretted over geopolitical tensions following the weekend strike on Saudi oil fields that fuelled concerns of a conflict in the Gulf.

The Hang Seng Index dropped 0.67 percent, or 181.59 points, to 26,942.96.

The benchmark Shanghai Composite Index lost 0.23 percent, or 7.04 points, to 3,023.71 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was 0.24 percent, or 4.03 points, lower at 1,681.06.

© Agence France-Presse