ZCZC
BCN-09
STOCKS-MARKET-HONGKONG-CHINA-OPEN
Hong Kong stocks dive as US threatens fresh tariffs
HONG KONG, July 11, 2018 (BSS/AFP) – Hong Kong stocks plunged more than
two percent on opening Wednesday after the US threatened tariffs on another
$200 billion of Chinese imports, ramping up a potentially damaging trade war.
The Hang Seng Index dived 2.09 percent, or 600.37 points, to 28,081.88.
The benchmark Shanghai Composite Index dropped 1.66 percent, or 46.93
points, to 2,780.70 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, fell 1.74 percent, or 27.57 points, to 1,558.21.
BSS/AFP/HR/1010