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China, HK stocks open lower day ahead of parliamentary meetings

A woman cycles past the Beijing Stock Exchange building adorned with Lunar New Year decorations, on the Financial Street in Beijing, China on Feb. 8. (Florence Lo/File Photo/Reuters)

(Reuters) – China and Hong Kong stocks opened lower on Tuesday, as investors awaited the upcoming annual parliamentary sessions to gauge Beijing’s policy path.

China’s blue-chip CSI300 Index .CSI300 dropped 0.6% at open, while the Shanghai Composite Index .SSEC lost 0.5%. Hong Kong benchmark Hang Seng .HSI slipped 1.4%.Market focus is shifting from the recent tech and AI themes to the National People’s Congress (NPC) meeting on Wednesday.

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