Hong Kong stocks slip at open

Hong Kong: Hong Kong stocks opened lower on Friday morning as investors took a breather at the end of a broadly positive week, while they also took note of the Federal Reserve’s statement that it expects to keep lifting interest rates.

The Hang Seng Index slipped 1.15 percent, or 302.63 points, to 25,925.09.

And the benchmark Shanghai Composite Index shed 0.55 percent, or 14.39 points, to 2,621.24, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was down 0.76 percent, or 10.41 points, to 1,323,57.