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Hong Kong, Shanghai: Stocks sink at open

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[HONG KONG] Hong Kong and Shanghai stocks fell soon after the open on Tuesday, extending the previous day's sell-off after Donald Trump said he will impose tariffs on another US$200 billion of Chinese goods from next week.

The Hang Seng Index lost 0.80 per cent, or 215.13 points, to 26,717.72 in early trade.

The benchmark Shanghai Composite Index lost 0.28 per cent, or 7.49 points, to 2,644.30 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gave up 0.34 per cent, or 4.64 points, to 1,376.34.

AFP

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