Hong Kong stocks close down

Updated 14 Jun, 2023

HONG KONG:Hong Kong stocks fell Wednesday, giving up early gains on expectations the Federal Reserve will skip an interest rate hike this month, with traders hoping China unveils measures to stimulate its struggling economy.

The Hang Seng Index shed 0.58 percent, or 113.00 points, to 19,408.42.

Hong Kong’s Hang Seng Index starts with a loss

The Shanghai Composite Index eased 0.14 percent, or 4.68 points, to 3,228.99, while the Shenzhen Composite Index on China’s second exchange edged up 0.25 percent, or 5.00 points, to 2,038.80.

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