Hong Kong stocks drop more than one percent
[HONG KONG] Hong Kong shares fell more than one per cent Tuesday, hit by concerns over rising Iran-US tensions and as investors await this week's crucial trade talks between Donald Trump and Xi Jinping.
The Hang Seng Index sank 1.15 per cent, or 327.02 points, to 28,185.98.
The benchmark Shanghai Composite Index fell 0.87 per cent, or 26.07 points, to 2,982.07, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.99 per cent, or 15.63 points, to 1,560.46.
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
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN
Europe: Stocks rebound after last week’s selloff, eyes on earnings and data
US: Stocks rebound to open big earnings week