Hong Kong: Stocks finish with another loss

HONG Kong shares closed the week with another loss on Friday (Oct 21), in line with a global sell-off fuelled by recession fears as central banks ramp up interest rates to fight inflation.

The Hang Seng Index slipped 0.42 per cent, or 69.10 points, to 16,211.12.

The Shanghai Composite Index edged up 0.13 per cent, or 3.88 points, to 3,038.93, while the Shenzhen Composite Index on China’s second exchange eased 0.24 per cent, or 4.74 points, to 1,966.93. AFP