Hong Kong stocks open 2.03 percent lower | Inquirer Business

Hong Kong stocks open 2.03 percent lower

/ 09:59 AM June 21, 2013

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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TAGS: Economic indicators, HongKong, Stock Activity, Stock Market

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