Hong Kong: Stocks close lower

HONG KONG  shares ended down on Wednesday (Apr 20) after the International Monetary Fund downgraded its growth forecast for 2022 and Chinese banks kept lending rates unchanged.

The Hang Seng Index dropped 0.40 per cent, or 83.09 points, to close at 20,944.67.

The Shanghai Composite Index fell 1.35 per cent, or 42.98 points, to 3,151.05, while the Shenzhen Composite Index on China's second exchange fell 1.71 per cent, or 34.63 points, to 1,985.65. AFP