Concerns about interest rates send HK stocks lower
Hong Kong stocks sank on Friday with most other Asian markets following a sell-off on Wall Street fuelled by growing worries about rising interest rates. The Hang Seng Index dropped 2.01 percent, or 433.94 points, to 21,190.42. The Shanghai Composite Index fell 0.30 percent, or 9.71 points, to 3,260.67, while the Shenzhen Composite Index on China's second exchange eased 0.44 percent, or 9.48 points, to 2,164.72. (AFP)