HONG KONG - Hong Kong stocks closed down 435.51 points, or 2.1 percent, at 20,327.54 on Wednesday.
Related readings: Hong Kong stocks close 0.23% down -- May 4
Picasso's "Nude, Green Leaves and Bust" soared to more than $106 million, setting a record for a work of art sold at auction.
China has taken a series of measures in recent months to curb prices in the residential property market, which soared 11.7 percent in March.
Celebrities arrive at the Metropolitan Museum of Art Costume Institute Benefit celebrating the opening of "American Woman: Fashioning a National Identity" in New York May 3, 2010.
Julia Roberts tops the list of People magazine's "World's Most Beautiful People".
UK police must verbally administer the below statement to arrest a suspect.