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HK, China: Stocks dive as part of global slump

Wednesday, March 22, 2017 - 16:45

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[HONG KONG] Hong Kong shares tumbled Wednesday after a four-day rally as a global surge ended on concerns about Donald Trump's chances of enacting promised policies to ramp up the US economy.

The Hang Seng Index slid 1.11 per cent, or 272.71 points, to close at 24,320.41.

The benchmark Shanghai Composite Index fell 0.50 per cent, or 16.39 points, to 3,245.22. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.30 per cent, or 6.05 points, to 2,037.89.

AFP

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