Hong Kong stocks open 2.03 percent lower

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HONG KONG–Hong Kong stocks fell 2.03 percent on opening Friday, weighed by concerns over the Chinese economy as well as the US Federal Reserve’s decision to consider reeling in its stimulus later this year.

The benchmark Hang Seng Index fell 412.89 points to 19,969.98 in the first few minutes of trade.

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  • joni_depp

    PSEi down more than 3% this morning. PNoy once boasted that the Philippine stock market was an investment oasis in the middle of world economic turmoil. Where is PNoy’s investment oasis now? :-)

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