BCN-30 Hong Kong, Shanghai stocks sink again

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ZCZC

BCN-30

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong, Shanghai stocks sink again

HONG KONG, May 8, 2019 (BSS/AFP) – Hong Kong and Shanghai shares resumed
their downward spiral Wednesday as investors fret over the China-US trade
talks, fearing the two economic giants could embark on a painful trade war.

The Hang Seng Index sank 1.23 percent, or 359.82 points, to 29,003.20.

The benchmark Shanghai Composite Index dropped 1.12 percent, or 32.63
points, to 2,893.76, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, fell 0.65 percent, or 10.0 points, to 1,530.31.

BSS/AFP/HR/1425