Hong Kong: Stocks end with steep losses

HONG Kong stocks dropped more than one per cent on Thursday (Jul 21) - giving up the previous day's rally - on lingering concerns about the global economy, with tech firms leading the losses.

The Hang Seng Index sank 1.51 per cent, or 315.59 points, to close at 20,574.63.

The Shanghai Composite Index fell 0.99 per cent, or 32.72 points, to 3,272.00, while the Shenzhen Composite Index on China's second exchange shed 0.75 per cent, or 16.65 points, to 2,193.81. AFP