Hong Kong stocks retreat from 30,000 mark at opening

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  • 2021-01-22 HKT 09:28″ title=”The Hang Seng Index fell by nearly 120 points in early trading. Photo: RTHK”>


    The Hang Seng Index fell by nearly 120 points in early trading. Photo: RTHK
    The Hang Seng Index fell by nearly 120 points in early trading. Photo: RTHK

Hong Kong stocks fell in the first few minutes of trade Friday morning as investors took profits following a recent healthy run-up that saw the index break 30,000 points for the first time in 20 months.

The Hang Seng Index slipped 0.40 percent, or 118.53 points, to 29,809.23.

The benchmark Shanghai Composite Index eased 0.13 percent, or 4.72 points, to 3,616.54, while the Shenzhen Composite Index shed 0.09 percent, or 2.15 points, to 2,447.22. (AFP)