The Business Times

Hong Kong: Shares sink at open

Published Fri, May 29, 2020 · 01:52 AM

[HONG KONG] Hong Kong stocks dropped more than one per cent at the open Friday on fears about China-US tensions after Donald Trump said he would hold a news conference later in the day on the latest developments.

The Hang Seng Index fell 1.52 per cent, or 351.65 points, to 22,781.11.

China's benchmark Shanghai Composite Index slipped 0.37 per cent, or 10.64 points, to 2835.58, while the Shenzhen Composite Index on the country's second exchange shed 0.29 per cent, or 5.18 points, to 1,764.52.

AFP

KEYWORDS IN THIS ARTICLE

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here