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Hong Kong stocks down after last week’s records

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Hong Kong stocks opened in the red on Monday morning after ending last week at a record high, while investors keep an eye on Washington where lawmakers are struggling to agree a deal to reopen the federal government.

The Hang Seng Index edged down 0.17 percent, or 55.07 points, to 32,199.82.

And the benchmark Shanghai Composite Index lost 0.31 percent, or 10.87 points, to 3,476.99, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.19 percent, or 3.63 points, to 1,917.91.

Hong Kong stocks edged lower in the morning session Monday after last week's record highs, while investors keep tabs on Washington as lawmakers struggle to strike a deal to end a government shutdown.

The Hang Seng Index dipped 14.11 points to 32,240.78 by the break.

Posted on: 2018-01-22T10:11:00+05:00