HK stocks retreat over tech sell-off
Hong Kong stocks ended Friday with steep losses as tech firms tanked after a US official said a major Chinese chip manufacturer "potentially" broke American law by making a processor for sanctioned telecom giant Huawei. The Hang Seng Index shed 2.16 percent, or 363.63 points, to 16,499.47. The Shanghai Composite Index lost 0.95 percent, or 29.08 points, to 3,048.03, while the Shenzhen Composite Index on China's second exchange eased 1.22 percent, or 22.01 points, to 1,782.30. (AFP)