BCN-18 Hong Kong stocks tumble on trade worries

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ZCZC

BCN-18

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks tumble on trade worries

HONG KONG, Aug 26, 2019 (BSS/AFP) – Hong Kong stocks tumbled on Monday
after US President Donald Trump and China ramped up their trade war with
fresh tariffs, while investors were also spooked by more violent clashes
between police and protesters in the city.

The Hang Seng Index fell 1.91 percent, or 499.00 points, to 25,680.33.

The benchmark Shanghai Composite Index dropped 1.17 percent, or 33.86
points, to 2,863.57 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, reteated 0.77 percent, or 12.13 points, to 1,566.57.

BSS/XINHUA/HR/1420