BCN-06 Hong Kong, Shanghai stocks plunge at open

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BCN-06

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Hong Kong, Shanghai stocks plunge at open

HONG KONG, May 8, 2019 (BSS/AFP) – Hong Kong and mainland Chinese stocks
tumbled more than one percent Wednesday morning, tracking hefty losses on
Wall Street as investors fret over the outlook for China-US trade talks this
week.

The Hang Seng Index in Hong Kong sank 1.28 percent, or 375.93 points, to
28,987.09.

The benchmark Shanghai Composite Index dived 1.82 percent, or 53.25
points, to 2,873.14 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, lost 2.04 percent, or 31.35 points, to 1,508.96.

BSS/AFP/HR/0945