Hong Kong shares close with sharp losses

Hong Kong stocks sank on Monday as tech firms were hit by news of a crackdown by Beijing on mainland ride-hailing giant Didi Chuxing and two other US-listed Chinese companies, which raised concerns about further moves against the sector.

The Hang Seng Index fell 0.6 percent, or 166 points, to 28,143.

But the benchmark Shanghai Composite Index added 0.4 percent, or 15 points, to 3,534, while the Shenzhen Composite Index rose 0.7 percent, or 17 points, to 2,414. (AFP)