HK stocks close with big losses on US rate bets - RTHK
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HK stocks close with big losses on US rate bets

2023-09-21 HKT 16:19
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  • The Hang Seng Index fell 1.3 percent to 17,655. Image: Shutterstock
    The Hang Seng Index fell 1.3 percent to 17,655. Image: Shutterstock
Hong Kong stocks closed well down on Thursday as global markets retreated in reaction to an indication from the Federal Reserve that it will lift interest rates again before the end of the year and keep them elevated for some time.

The Hang Seng Index fell 1.3 percent, or 230 points, to 17,655.

The Shanghai Composite Index eased 0.8 percent, or 23 points, to 3,084, while the Shenzhen Composite Index lost 0.8 percent, or 15 points, to 1,877. (AFP)

HK stocks close with big losses on US rate bets