BCN-31 Hong Kong stocks sink on new trade frictions

243

ZCZC

BCN-31

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks sink on new trade frictions

HONG KONG, Sept 24, 2018 (BSS/AFP) – Hong Kong shares tumbled on Monday
after the US imposed fresh tariffs on $200 billion of Chinese imports and
Beijing cancelled planned talks between the two sides.

The Hang Seng Index fell 1.62 percent, or 454.19 points, to close at
27,499.39.

Mainland Chinese markets were closed for a public holiday.

BSS/AFP/HR/1420