Hong Kong stocks close sharply lower
Hong Kong stocks fell more than one percent on Tuesday as profit-takers moved in after a strong three-day rally, while traders were also weighing mixed trade data out of China. The Hang Seng Index sank 1.7 percent, or 296 points, to 17,670. The Shanghai Composite Index was marginally lower, dipping 1 point to 3,057, and the Shenzhen Composite Index added 0.2 percent, or 3 points, to 1,918. (AFP)