HONG KONG: Hong Kong and Shanghai stocks dipped in early trade despite gains on Wall Street after Federal Reserve Chair Janet Yellen implied interest rates could be lifted soon.
The Hang Seng Index eased 0.34 percent, or 70.06 points, to 20,506.71.
The benchmark Shanghai Composite Index shed 0.23 percent, or 6.40 points, to 2,814.65, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 0.61 percent, or 11.11 points, to 1,795.93.
