BCN-14 Hong Kong stocks drop for fifth successive day

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BCN-14

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks drop for fifth successive day

HONG KONG, Sept 11, 2018 (BSS/AFP) – Hong Kong stocks fell for a fifth
straight day on Tuesday, hit by fears over the China-US trade row, a brewing
emerging markets crisis and a sell-off in technology firms.

The Hang Seng Index fell 0.72 percent, or 190.87 points to 26,422.55.

The benchmark Shanghai Composite Index lost 0.18 percent, or 4.68 points,
to end at 2,664.80, its lowest closing point since late January 2016.

However, the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, edged up 0.17 percent, or 2.42 points, to 1,409.34.

BSS/AFP/MR/ 1446 hrs