Hong Kong shares 1,63pc lower in early trade

the EU delayed a decision on releasing critical rescue funds to Greece.
The Hang Seng Index shed 317,44 points to 19 137,87 in the first few minutes of trade, joining other regional markets such as Sydney and Seoul in falling. Tokyo was closed for a public holiday. The weaker start came after eurozone finance ministers decided on Friday to delay until October a decision on eight billion euros of bailout loans blocked until Greece persuades auditors it is on track to cut its deficit.
The postponement came despite a US warning that dithering was putting the global financial system at risk. – AFP.