Hong Kong stocks close 1.6 pct lower Wednesday

Hong Kong stocks fell 350.12 points, or 1.6 percent, to close at 21,524.65 points on Wednesday.

The benchmark Hang Seng Index traded between 21,655.24 and 21,465.72. Turnover totaled 63.10 billion HK dollars (about 8.13 billion U.S. dollars).