Hong Kong shares close with more losses
Hong Kong stocks fell on Monday to extend last week's losses fuelled by fears that strong US data will force the Federal Reserve to ramp interest rates higher and send the economy into recession. The Hang Seng Index dipped 0.1 percent, or 26 points, to 21,164. The Shanghai Composite Index rose 0.7 percent, or 23 points, to 3,284, while the Shenzhen Composite Index gained 1.2 percent, or 25 points, to 2,190. (AFP)