Hong Kong shares dip at open, Shanghai edges up

HONG KONG, China (AFP) — Hong Kong stocks slipped in the first few minutes of trade Wednesday following the previous day’s gains and as dealers await the conclusion of a key Federal Reserve policy meeting later in the day.

The Hang Seng Index in Hong Kong was down 0.16 percent, or 34.94 points, at 21,372.33.

But the benchmark Shanghai Composite Index was marginally higher, adding 2.49 points to 2,967.19, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.13 percent, or 2.50 points, to 1,884.49.

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