ZCZC
BCN-03
STOCKS-MARKET-HONGKONG-CHINA-OPEN
Hong Kong stocks sink at open on trade war fears
HONG KONG, June 19, 2018 (BSS/AFP) – Hong Kong stocks sank at the open of
trade on Tuesday as investors returned from a long weekend to fresh concerns
about a China-US trade war after the two sides unveiled tit-for-tat tariffs
on billions of dollars worth of goods.
The Hang Seng Index shed 1.02 percent, or 310.40 points, to 29,999.01.
And the benchmark Shanghai Composite Index tumbled 1.30 percent, or 39.25
points, to 2,982.65, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, dived 1.63 percent, or 27.60 points, to 1,664.05.
BSS/AFP/MR/ 1020 hrs