Hong Kong: Stocks end sharply lower
[HONG KONG] Hong Kong stocks ended lower Thursday, reversing early gains after Donald Trump warned tariffs on Chinese imports could stay in place for some time after any agreement is reached, fuelling concerns about ongoing trade talks.
The Hang Seng Index fell 0.85 per cent, or 249.41 points, to close at 29,071.56.
But the benchmark Shanghai Composite Index rose 0.35 per cent, or 10.82 points, to 3,101.46, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.77 per cent, or 12.92 points, to 1,697.49.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%