HK stocks close lower after US inflation data
Hong Kong stocks finished Thursday in negative territory after a bigger-than-expected bump in US inflation dealt a blow to hopes for a series of interest rate cuts this year. The Hang Seng Index dipped 0.3 percent, or 44 points, to 17,095. The Shanghai Composite Index added 0.2 percent, or 6 points, to end at 3,034, while the Shenzhen Composite Index edged up 0.1 percent, or 1 point, to 1,721. (AFP)