Hong Kong stocks dipped at the open on

Monday morning, fuelled by concerns about the US Federal Reserve’s plans to
tighten monetary policy to fight inflation.

The Hang Seng Index slipped 1.19 percent, or 260.84 points, to 21,611.17.

The Shanghai Composite Index edged down 0.89 percent, or 29.08 points, to
3,222.77, while the Shenzhen Composite Index on China’s second exchange also
dropped 1.35 percent, or 28.08 points, to 2,052.69.