HK: Shares fall 2%

HONG KONG - Hong Kong shares fell 2.02 per cent on Wednesday on concerns about Chinese anti-inflation measures and the eurozone's debt worries, while Shanghai dropped 1.92 per cent.

The benchmark Hang Seng Index lost 478.56 points to end at 23,214.46 on turnover of HK$103.04 billion (US$13.30 billion).

Chinese shares closed down 1.92 per cent as investors continued to mull the possibility of more policy steps to curb inflation, dealers said.

The Shanghai Composite Index, which covers both A and B shares, was down 55.68 points at 2,838.86 on turnover of 158.7 billion yuan (US$23.9 billion). -- AFP