Hong Kong: Stocks close lower

[HONG KONG] Hong Kong stocks closed Thursday more than one per cent lower, in line with a sell-off across most of Asia, as tech firms were weighed by disappointing earnings from some firms owing to China's crackdown on the sector.

The Hang Seng Index sank 1.08 per cent, or 278.26 points, to 25,415.69.

The Shanghai Composite fell 1.09 per cent, or 38.72 points, to 3,501.66, while the Shenzhen Composite Index on China's second exchange dropped 1.53 per cent, or 37.94 points, to 2,437.15.

AFP