BCN-28 Hong Kong, Shanghai shares suffer more losses

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BCN-28

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong, Shanghai shares suffer more losses

HONG KONG, May 9, 2019 (BSS/AFP) – Hong Kong stocks tumbled more than two
percent Thursday, extending a sell-off fuelled by fears over the China-US
trade stand-off, with investors looking ahead to the resumption of talks
later in the day.

The Hang Seng Index sank 2.39 percent, or 692.13 points, to 28,311.07.

The benchmark Shanghai Composite Index lost 1.48 percent, or 42.81 points,
to 2,850.95 and the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, fell 1.28 percent, or 19.59 points, to 1,510.72.

BSS/AFP/HR/1435