
Hong Kong's benchmark stock index opened lower on Tuesday morning, tracking a weak finish overnight on Wall Street on the back of rate-hike fears, as investors looked toward U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Summit later this week.
The Hang Seng Index was down 0.5% at the open, as traders digested a weak Australian Purchasing Managers’ Index and eyed a central bank rate decision in Indonesia as well as core inflation data from Singapore.