BCN-10 Hong Kong shares fall sharply at open

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ZCZC

BCN-10

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong shares fall sharply at open

HONG KONG, Aug 2, 2019 (BSS/AFP) – Hong Kong stocks dropped sharply at the
open on Friday, tracking losses on Wall Street after US President Donald
Trump’s announcement of new tariffs on China sent global markets plummeting.

The Hang Seng Index dropped 2.19 percent, or 604.47 points, to 26,961.23
in opening trade.

The benchmark Shanghai Composite Index opened 1.63 percent, or 47.43
points lower, at 2,861.33. The Shenzhen Composite Index, which tracks stocks
on China’s second exchange, lost 2.18 percent, or 34.10 points, to open at
1,528.97.

BSS/AFP/HR/1000