hong kong markets opened in the red on wednesday with the benchmark hang seng losing nearly 19 as investors await us inflation data for september due later this week the hang seng is trading at its lowest level since october 2011 shares of alibaba meituan nio and baidu lost over 3 in morning trade macro news new bank lending in china almost doubled in september compared to the previous month and far exceeded expectations following the pboc’s actions reported reuters the cost of insuring exposure to chinas sovereign debt surged to its highest level since january 2017 on tuesday reuters reported citing data from sp global market intelligence company news warren buffettbacked byd co launched its first passenger car in india an electric suv on tuesday xpeng completed its first overseas public flight of the x2 flying car and is set to reveal key results of the nextgeneration product in two weeks cnevpost reported top gainers and losers meituan and wuxi biologics cayman inc were the top losers among hang seng constituents having shed over 4 each lenovo group limited was the only gainer rising 037 global news us futures traded in the green on wednesday morning asia session dow jones futures were up 004 while nasdaq futures gained 01 sp 500 futures were up 007 elsewhere in asia australia’s asx 200 was up 008 japan’s nikkei 225 lost 017 while china’s shanghai composite index was down 075 south korea’s kospi was down 04 read next ray dalio says perfect storm forming as fed hikes rates therell be real pain of course