The Hang Seng Index shed 1.92 percent, or 586.69 points, to 30,045.95.

HONG KONG: Hong Kong shares tumbled Wednesday morning in line with an Asia-wide retreat on inflation fears, despite assurances from the head of the Federal Reserve that rising prices would not force it to hike interest rates.

The Hang Seng Index shed 1.92 percent, or 586.69 points, to 30,045.95.