Hong Kong stocks close lower
Hong Kong stocks finished Thursday with small losses, extending a sell-off on worries about how far and for how long the Federal Reserve will have to hike interest rates to tame inflation. The Hang Seng Index lost 0.4 percent, or 72 points, to 20,351. The Shanghai Composite Index dipped 0.1 percent, or 3 points, to 3,287, while the Shenzhen Composite Index eased 0.2 percent, or 5 points, to 2,154. (AFP)