Hong Kong stocks close lower - RTHK
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Hong Kong stocks close lower

2022-05-24 HKT 16:30
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  • The Hang Seng Index slumped 1.8 percent to 20,112. Image: Shutterstock
    The Hang Seng Index slumped 1.8 percent to 20,112. Image: Shutterstock
Hong Kong stocks closed lower on Tuesday over concerns about China's economy, as a new package of stimulus measures from Beijing did little to alleviate fears over the impact of its zero-Covid policy on growth.

The Hang Seng Index slumped 1.8 percent, or 357 points, to 20,112, extending the previous day's losses.

The Shanghai Composite Index fell 2.4 percent, or 75 points, to 3,070, while the Shenzhen Composite Index slid 3.6 percent, or 72 points, to 1,922. (AFP)