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Hong Kong stocks close lower

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Hong Kong stocks

Hong Kong stocks close lower

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Hong Kong stocks closed decreased on Thursday, tracking Wall Street falls on issues of inflation and US economic tightening.

The Hang Seng Index dropped 2.24 percent, 444.23 points, to 19,380.34.

The Shanghai Composite Index dropped 0.12 percent, or 3.71 points, to 3,054.99, while the Shenzhen Composite Index on China’s second exchange rose 0.16 percent, or 3.14 points, to 1,921.66.

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