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Hong Kong stocks close down 2.20%

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(Globalpost/GlobalPost)

Hong Kong shares ended 2.20 percent lower on Tuesday, in line with a regional sell-off as investors grow concerned the US Federal Reserve will begin reeling in its stimulus programme soon.

The benchmark Hang Seng Index fell 493.41 points to 21,970.29 on turnover of HK$63.66 billion ($8.21 billion).

Chinese shares closed down 0.62 percent. The benchmark Shanghai Composite Index fell 13.01 points to 2,072.59 on turnover of 89.1 billion yuan ($14.5 billion).

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http://www.globalpost.com/dispatch/news/afp/130820/hong-kong-stocks-close-down-220