Hong Kong stocks open sharply lower
Hong Kong stocks plunged at the open on Thursday following a heavy sell-off on Wall Street after the Federal Reserve ramped up interest rates again and warned there would be more to come. The Hang Seng Index sank 2.21 percent, or 349 points, to 15,477. The Shanghai Composite Index dropped 0.74 percent, or 22.17 points, to 2,981, while the Shenzhen Composite Index lost 0.90 percent, or 17.76 points, to 1,950. (AFP)