ZCZC
BCN-02
STOCKS-MARKETS-HONGKONG-CHINA-OPEN
Hong Kong shares plunge at open
HONG KONG, Sept 4, 2020 (BSS/AFP) – Hong Kong stocks tumbled at the open of
trade Friday, tracking a painful sell-off on Wall Street, where investors
cashed out on fears over high valuations following a sharp rise in recent
months.
The Hang Sang Index sank 1.35 percent, or 338.80 points, to 24,668.80.
The benchmark Shanghai Composite Index shed 1.43 percent, or 48.57 points,
to 3,336.41, while the Shenzhen Composite Index on China’s second exchange
dived 1.93 percent, or 44.63 points, to 2,257.18.
BSS.AFP/GMR/0914 hrs