Hong Kong Stocks Open Lower

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2023-02-21 HKT 10:43

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  • Traders are weighing the likelihood of the Federal Reserve lifting interest rates more than expected this year. File photo: AFP

    Traders are weighing the likelihood of the Federal Reserve lifting interest rates more than expected this year. File photo: AFP

Hong Kong stocks edged down at the start of business on Tuesday as traders weigh the likelihood of the Federal Reserve lifting interest rates more than expected this year.

The Hang Seng Index dipped 0.13 percent, or 27.46 points, to 20,859.

The Shanghai Composite Index barely moved, edging 0.04 points higher to 3,291, while the Shenzhen Composite Index was also flat, inching up 0.02 points to 2,161. (AFP)

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