Hong Kong stocks open lower after Paris horror


(MENAFN- The Peninsula)

Hong Kong:Shares in Hong Kong tumbled in early trade Monday as nervousness set in following the weekend terror attacks in Paris while Shanghai was also hit after authorities cut the amount of borrowed cash dealers can use to trade.

In Hong Kong the benchmark Hang Seng Index fell 1.96 percent or 437.86 points to 21958.28.

In Shanghai the benchmark composite index lost 1.63 percent or 58.38 points to 3522.46 while the Shenzhen Composite Index which tracks stocks on China's second exchange dropped 2.02 percent or 44.46 points to 2161.11.

AFP


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