You are here

Hong Kong, Shanghai: Stocks open with losses

BP_Hang Seng Index_051118_37.jpg

[HONG KONG] Shares tumbled in Hong Kong at the start of business on Monday as hopes for a China-US trade deal that fuelled a rally at the end of last week were dashed by Donald Trump's economics adviser.

The Hang Seng Index sank 1.65 per cent, or 436.01 points, to 26,050.34.

The benchmark Shanghai Composite Index slipped 0.41 per cent, or 11.05 points, to 2,665.43, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.27 per cent, or 3.60 points, to 1347.49.

AFP

sentifi.com

Market voices on: