Hong Kong Stocks End At 11-year Low

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2022-09-22 HKT 16:23

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  • The Hang Seng Index dived 1.6 percent to 18,147. Image: Shutterstock

    The Hang Seng Index dived 1.6 percent to 18,147. Image: Shutterstock

Hong Kong stocks tumbled again on Thursday to an 11-year low, as global markets were hammered by a third successive 75-basis-point interest rate hike by the Federal Reserve and a warning that more increases were in the pipeline.

The Hang Seng Index dived 1.6 percent, or 296 points, to 18,147.

The Shanghai Composite Index slipped 0.3 percent, or 8 points, to 3,108, while the Shenzhen Composite Index shed 0.6 percent, or 12 points, to 1,991. (AFP)