HONG KONG: Hong Kong stocks ended Tuesday morning down following a negative lead from Wall Street on concerns about the global economy, while Shanghai slipped as dealers prepare for the restart of initial public offerings next week. The benchmark Hang Seng Index in Hong Kong was 0.70 per cent lower, dipping 157.94 points to 22,507.96.
And the benchmark Shanghai Composite Index lost 0.73 per cent, or 26.33 points, to 3,583.98. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, slipped 0.01 per cent, or 0.34 points, to 2,268.28.
Most Asian stock markets were lower Tuesday as slumping commodity prices weighed on shares of resource companies.