Stagnant market opening as mainland, Hong Kong packages clear US Post

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Photo by SING TAO.
Photo by SING TAO.

Hong Kong stocks nearly unchanged at the open despite the US Postal Service resuming the receipt of packages from Mainland China and Hong Kong, following a brief suspension.

The benchmark Hang Seng Index opened 1 point higher at 20,598 points. The Hang Seng Tech Index opened 3 points lower to 4,926 points.

Meituan (3690) opened 1.3 percent higher at HK$152.80, while Tencent (0700) and Alibaba (9988) opened 0.4 and 0.6 percent lower, respectively.

In China, the Shanghai Stock Exchange Index opened 2 points lower at 3,226 points, while the Shenzhen Component Index recorded 10,142 points, 0.21 percent lower.

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