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HONGKONG-CHINA-MARKETS-STOCKS-CLOSE
Hong Kong stocks dive on trade, emerging market fears
HONG KONG, Sept 5, 2018 (BSS/AFP) – Hong Kong stocks tumbled on Wednesday,
in line with a sharp sell-off across Asia as investors fret over flagged new
US tariffs on Chinese imports as well as fears that crises in several
emerging markets could spill into the world economy.
The Hang Seng Index dropped 2.61 percent, or 729.49 points, to close at
27,243.85.
The benchmark Shanghai Composite Index fell 1.68 percent, or 46.24 points,
to 2,704.34 and the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, lost 1.61 percent, or 23.54 points, to 1,442.25.
BSS/AFP/HR/1425