Hong Kong shares close sharply lower
Hong Kong stocks ended with another big loss on Wednesday as traders awaited Federal Reserve boss Jerome Powell's testimony to Congress later in the day, hoping for an insight into the bank's plans for interest rates. The Hang Seng Index dived 2 percent, or 388 points, to close at 19,218. The Shanghai Composite Index shed 1.3 percent, or 42 points, to 3,197, while the Shenzhen Composite Index slipped 2 percent, or 40 points, to 2,039. (AFP)