Markets

Hong Kong stocks end sharply lower

Published February 18, 2022 Updated February 18, 2022 01:50pm
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HONG KONG: Hong Kong shares finished the week with a sizeable loss on Friday as investors continued to fret over the Russia-Ukraine crisis, the Federal Reserve's rate-hike plans and daily record Covid-19 infections in the city.

The Hang Seng Index shed 1.88 percent, or 465.06 points, to 24,327.71.

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The Shanghai Composite Index put on 0.66 percent, or 22.72 points, to 3,490.76, while the Shenzhen Composite Index on China's second exchange rose 0.42 percent, or 9.63 points, to 2,311.79.