HK stocks down further on global sell-off
Hong Kong shares closed the week with another loss on Friday, in line with a global sell-off fuelled by recession fears as central banks ramp up interest rates to fight inflation. The Hang Seng Index slipped 0.42 percent to 16,211. The Shanghai Composite Index edged up 0.13 percent to 3,039, while the Shenzhen Composite Index on China's second exchange eased 0.24 percent to 1,967. (AFP)