Money - International
Hong Kong stocks sink
Monday, 05 Aug 2019 5:21 PM MYT
HONG KONG, Aug 5 — Hong Kong shares plummeted today, as fears of a US-China trade war spiked following President Donald Trump’s vow to impose fresh tariffs on Chinese goods.
The Hang Seng Index lost 2.85 per cent, or 767.26 points, to 26,151.32.
The benchmark Shanghai Composite Index declined 1.62 per cent, or 46.34 points, to close at 2,821.50. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 1.47 per cent, or 22.59 points, to close at 1,517.27. — AFP
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