Local Stocks Open Lower As Inflation Fears Persist

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2021-03-04 HKT 09:58

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  • The Hang Seng Index dropped by nearly 1.2 percent in early trading. Photo: RTHK

    The Hang Seng Index dropped by nearly 1.2 percent in early trading. Photo: RTHK

Shares in Hong Kong fell more than one percent at the opening of trading on Thursday as markets across the globe continued their week-long fluctuation between vaccine optimism and concerns about inflation.

The Hang Seng Index dropped 1.19 percent, or 354.94 points, to 29,525.48.

The benchmark Shanghai Composite Index shed 0.85 percent, or 30.26 points, to 3546.64, while the Shenzhen Composite Index eased 0.86 percent, or 20.24 points, to 2,342.86. (AFP)

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