Hong Kong, Shanghai: Stocks skid in first few minutes

[HONG KONG] Hong Kong and mainland stocks fell in the opening minutes of trade Tuesday, tracking more losses on Wall Street following a report that the US is planning to put tariffs on all China imports as early as next month.

The Hang Seng Index dipped 0.28 per cent, or 70.36 points, to 24,741.68.

The benchmark Shanghai Composite Index lost 0.14 per cent, or 3.53 points, to 2,538.57, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.45 per cent, or 5.63 points, to 1,258.95.

AFP