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https://www.barrons.com/news/hong-kong-stocks-end-week-with-steep-losses-1f73d82c

Hong Kong Stocks End Week With Steep Losses

By AFP - Agence France Presse
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Hong Kong stocks closed sharply lower Friday following a recent run-up, with traders spooked by the prospect of US interest rates not coming down as soon or quickly as hoped.

The Hang Seng Index shed 2.18 percent, or 373.34 points, to 16,721.69.

The Shanghai Composite Index lost 0.49 percent, or 14.77 points, to end at 3,019.47, while the Shenzhen Composite Index on China's second exchange slipped 0.81 percent, or 13.88 points, to 1,707.71.

dan/ssy

The Barron's news department was not involved in the creation of the content above. This article was produced by AFP. For more information go to AFP.com.
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