Hong Kong stocks dip at open

FRIDAY, NOVEMBER 11, 2016
Hong Kong stocks dip at open

HONG KONG - Hong Kong stocks retreated in opening trade Friday as profit-takers moved in following a near-two percent rally the previous day.

The Hang Seng index fell 0.86 percent, or 196.61 points, to 22,642.50.

The benchmark Shanghai Composite Index was flat, edging down 1.88 points to 3,169.40, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, inched up 0.01 percent, or 0.15 points, to 2,097.04.