Hong Kong stocks close with a big loss
Hong Kong stocks closed sharply lower Tuesday as traders continue to fret over the prospect of more US interest rate hikes to tame inflation. The Hang Seng Index fell 1.71 percent, or 357.47 points, to 20,529.49. The Shanghai Composite Index rose 0.49 percent, or 16.19 points, to 3,306.52, while the Shenzhen Composite Index gained 0.19 percent, or 4.11 points, to 2,165. (AFP)