Hong Kong: Shares end lower after volatile week

[HONG KONG] Hong Kong shares ended a volatile week with a loss on Friday as optimism over the rollout of vaccines and economic outlook were offset by fears the expected recovery will fan inflation and force central banks to hike interest rates.

The Hang Seng Index fell 0.47 per cent, or 138.50 points, to 29,098.29, though it pared hefty losses seen in the morning.

The benchmark Shanghai Composite Index were marginally lower, dipping 1.50 points to 3,5001.99, while the Shenzhen Composite Index on China's second exchange edged up 0.17 per cent, or 3.93 points, to 2,298.60.

AFP