HONG KONG - Hong Kong shares closed 1.06 per cent lower following a heavy sell-off in New York and Europe, owing to renewed fears over Europe's debt crisis and the global economy.

The Hang Seng Index fell 215.57 points to 20,140.67 on turnover of HK$51.31 billion (S$8.3 billion).

Chinese shares closed up 0.13 per cent. The benchmark Shanghai Composite Index, which covers A and B shares, ended up 0.13 per cent, or 3.07 points, at 2,308.93 on turnover of 67.5 billion yuan (S$13.5 billion).