HSI down over inflation, interest rate concerns

Hong Kong shares ended sharply lower on Wednesday in line with an Asia-wide selloff fuelled by inflation and interest rate concerns, as leaders announced fresh containment measures to fight a Covid-19 outbreak in the city.

The Hang Seng Index sank 1.64 percent, or 382 points, to 22,907.

The Shanghai Composite Index fell 1.02 percent, or 37.15 points, to 3,595.18, and the Shenzhen Component Index closed 1.8 percent lower at 14,525.76. (AFP)