ZCZC
BCN-32
STOCKS-MARKETS-HONGKONG-CHINA-CLOSE
Hong Kong stocks hit by Trump trade remarks
HONG KONG, Dec 4, 2019 (BSS/AFP) – Hong Kong stocks tumbled Wednesday
after Donald Trump poured cold water on trade talks with China, indicating a
hoped-for phase-one agreement might not be concluded until after next year’s
presidential election.
The Hang Seng index sank 1.25 percent, or 328.74 points, to 26,062.56.
The benchmark Shanghai Composite Index lost 0.23 percent, or 6.58 points,
to 2,878.12 but the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, rose 0.20 percent, or 3.19 points, to 1,608.52.
BSS/AFP/HR/1435