Hong Kong: Shares fall sharply at Friday's open
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong stocks dropped sharply at the open on Friday, tracking losses on Wall Street after US President Donald Trump's announcement of new tariffs on China sent global markets plummeting.
The Hang Seng Index dropped 2.19 per cent, or 604.47 points, to 26,961.23 in opening trade.
The benchmark Shanghai Composite Index opened 1.63 per cent, or 47.43 points lower, at 2,861.33. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.18 per cent, or 34.10 points, to open at 1,528.97.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts