Hong Kong stocks close in red again
Hong Kong shares finished Wednesday with more losses as traders contemplated additional interest rate hikes after data showed US inflation fell in January but at a slower pace than anticipated. The Hang Seng Index fell 1.4 percent, or 301 points, to 20,812. The Shanghai Composite Index slipped 0.4 percent, or 12 points, to 3,280, while the Shenzhen Composite Index eased 0.1 percent, or 1 point, to 2,187. (AFP)