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Hong Kong: Stocks close lower ahead of Fed decision

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Published Wed, Sep 21, 2022 · 04:26 PM
    • The Hang Seng Index tumbled 1.79 per cent, or 336.80 points, to 18,444.62.
    • The Hang Seng Index tumbled 1.79 per cent, or 336.80 points, to 18,444.62. PHOTO: Bloomberg

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    HONG Kong shares finished on Wednesday (Sep 21) with more losses as world markets retreated ahead of the US Federal Reserve’s (Fed) latest policy decision that many expect to end with another big interest rate hike.

    The Hang Seng Index tumbled 1.79 per cent, or 336.80 points, to 18,444.62.

    The Shanghai Composite Index eased 0.17 per cent, or 5.23 points, to 3,117.18, while the Shenzhen Composite Index on China’s second exchange slipped 0.37 per cent, or 7.34 points, to 2,004.31. REUTERS

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