HK stocks end week on sour note

Hong Kong shares finished the week with a sizeable loss on Friday as investors continued to fret over the Russia-Ukraine crisis, the US 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.

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. (AFP)