Hong Kong stocks close 3.34% lower

HONG KONG, Dec. 22 (Chinese media) -- Hong Kong stocks went down 505.12 points, or 3.34 percent, to close at 14,622.39 on Monday.

Turnover dropped to 36.49 billion HK dollars (4.71 billion U.S. dollars) from Friday's 57.38 billion HK dollars (7.4 billion U.S. dollars).