Hong Kong: Stocks sink on new trade frictions
Published Mon, Sep 24, 2018 · 08:23 AM
[HONG KONG] Hong Kong shares tumbled on Monday after the US imposed fresh tariffs on US$200 billion of Chinese imports and Beijing cancelled planned talks between the two sides.
The Hang Seng Index fell 1.62 per cent, or 454.19 points, to close at 27,499.39.
Mainland Chinese markets were closed for a public holiday.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
US dollar gains ground; subdued yen prompts Japan warning
Banks slip on Wednesday as STI falls 1.1%
Asia: Markets mixed as traders weigh rates outlook
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit