HONG KONG -- Hong Kong stocks closed down 449.75 points, or 2 percent, at 22,083.36 on Monday.

The benchmark Hang Seng Index traded between 22,185.32 and 21, 997.72. Turnover totaled HK$78.23 billion (about $10.08 billion), compared with Friday's HK$102.78 billion. ($1 = HK$7.761)