Hong Kong: Shares close with steep losses

[HONG KONG] Hong Kong stocks tumbled on Wednesday as investors grow increasingly worried about the Ukraine-Russia conflict and its possible impact on the global economy, as well as a widespread Covid outbreak in the city.

The Hang Seng Index lost 1.84 per cent or 417.79 points to 22,343.92.

The Shanghai Composite Index fell 0.13 per cent or 4.64 points to 3,484.19, while the Shenzhen Composite Index on China's second exchange eased 0.56 per cent or 13.07 points to 2,313.18. AFP