Hong Kong stocks close 2.59% lower -- January 13

Updated: 2010-01-13 17:14
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Hong Kong stocks shed 578.04 points, or 2.59 percent, to close at 21,748.60 on Wednesday after China's central bank raised bank reserve ratio after the market close on Tuesday.

Turnover totaled HK$97.62 billion ($12.52 billion), compared with Tuesday's HK$81.22 billion.