Hong Kong: Stocks finish lower

[HONG KONG] Hong Kong stocks ended lower after being hit by concerns about a spike in virus infections at home and around the world.

The Hang Seng Index shed 2.00 per cent, or 510.89 points, to 24,970.69.

Shares in mainland China plunged Thursday, extending a recent sell-off after a surge this month that had seen the Shanghai markets pile on more than 15 per cent.

Data showing China's economy expanded more than expected in the second quarter was unable to offset the glum mood.

The benchmark Shanghai Composite Index sank 4.50 per cent, or 151.21 points, to 3,210.10 while the Shenzhen Composite Index on China's second exchange tumbled 5.20 per cent, or 117.55 points, to 2,144.25.

AFP