Hong Kong stocks stayed above the psychologically key 23,000 level, but ended lower as the benchmark Hang Seng Index lost 0.2 per cent to end at 23,049, after the Fed indicated more interest rate increases were likely this year. Photo: EPA

Hong Kong, mainland stocks end lower as sentiment remains dented by Yellen’s interest rate comments

Hang Seng closes down 48 points at 23,049; Cathay biggest loser among blue chips (-3.8pc), after Wednesday’s strategic review seen as lacking surprise and detail

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Hong Kong stocks stayed above the psychologically key 23,000 level, but ended lower as the benchmark Hang Seng Index lost 0.2 per cent to end at 23,049, after the Fed indicated more interest rate increases were likely this year. Photo: EPA
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