Inflation fears send Hong Kong stocks lower
Hong Kong stocks ended lower on Thursday, in line with losses around Asia and following a drop on Wall Street as fears about inflation offset optimism about the outlook for Chinese tech firms. The Hang Seng Index fell 0.66 percent, or 145.54 points, to 21,869.05. The Shanghai Composite Index lost 0.76 percent, or 24.84 points, to 3,238.95, while the Shenzhen Composite Index on China's second exchange dropped 1.81 percent, or 37.73 points, to 2,045.70. (AFP)