Hong Kong: Stocks end with big losses

[HONG KONG] Hong Kong shares ended the week with a big loss Friday as global markets retreated on worries about inflation caused by an expected strong economic recovery.

The Hang Seng Index shed 1.41 per cent, or 414.78 points to 28,990.94.

The benchmark Shanghai Composite Index lost 1.69 per cent, or 58.40 points, to 3,404.66, while the Shenzhen Composite Index on China's second exchange sank 1.90 per cent, or 42.59 points, to 2,194.91.

AFP