Hong Kong: Stocks close sharply down

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[HONG KONG] Hong Kong stocks closed with steep losses Thursday, in line with a global sell-off, as the Federal Reserve raised concerns about the US outlook while lawmakers struggle to agree a new stimulus. Read more at The Business Times.

[HONG KONG] Hong Kong stocks closed with steep losses Thursday, in line with a global sell-off, as the Federal Reserve raised concerns about the US outlook while lawmakers struggle to agree a new stimulus.

The benchmark Shanghai Composite Index sank 1.30 per cent or 44.23 points to 3,363.90, while the Shenzhen Composite Index on China's second exchange shed 1.24 per cent or 27.95 points to 2,225.73.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

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