Hong Kong stocks open lower - RTHK
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Hong Kong stocks open lower

2021-05-05 HKT 09:55
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  • Investors were rattled by a negative lead from Wall Street. Photo: RTHK
    Investors were rattled by a negative lead from Wall Street. Photo: RTHK
Hong Kong stocks dropped at the open of business on Wednesday morning following a negative lead from Wall Street after Treasury Secretary Janet Yellen suggested US interest rates might need to be raised as huge government spending measures push up inflation.

The Hang Seng Index slipped 0.45 percent to 28,427.

Mainland Chinese markets were closed for a holiday. (AFP)