Hong Kong stocks close 0.54 pct lower

HONG KONG, May 17 (Xinhua) -- Hong Kong stocks closed down 168.05 points, or 0.54 percent, to 30942.15 points on Thursday.

The benchmark Hang Seng Index traded between 30,942.15 and 31,416.71. Turnover totaled 111.30 billion Hong Kong dollars (about 14.18 billion U.S. dollars).