Hong Kong shares close with more losses

Business & Finance
13 Feb 2023 • 4:51 PM MYT
Malay Mail
Malay Mail

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HONG KONG, Feb 13 — Hong Kong stocks fell today to extend last week's losses fuelled by fears that strong US data will force the Federal Reserve to ramp interest rates higher and send the economy into recession.

The Hang Seng Index dipped 0.12 per cent, or 26.00 points, to 21,164.42.

The Shanghai Composite Index rose 0.72 per cent, or 23.49 points, to 3,284.16, while the Shenzhen Composite Index on China's second exchange gained 1.19 per cent, or 25.82 points, to 2,190.54. — AFP