Hong Kong stocks dived 1,076.69 points, or 6.9 percent, to finish Friday's morning session at 14,537.21 as the U.S. Senate failed to reach a deal for the bailout package to the auto industry.
The benchmark Hang Seng Index fell 326.2 points, or 2.09 percent, to open at 15,287.7 and later widened its losses sharply to as much as 1,134.67 points, or 7.27 percent, to half-day low 14,479.23, giving up much of the market's gains for the past sessions.
The U.S. Senate's rejection of the bailout package for the auto industry also sent a big blow to other markets in the region.
Source: Xinhua
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