HK, mainland stocks open lower
Global bonds tumbled and the greenback stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month. Hong Kong and mainland stocks, meanwhile, opened lower on Wednesday. The Hang Seng Index was down 202 points, or 0.83 percent, at 24,354. On the mainland, the benchmark Shanghai Composite Index…
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