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Hong Kong: Stocks join global retreat over Trump levies
[HONG KONG] Hong Kong stocks tumbled Friday as world markets are pummelled by Donald Trump's decision to throw up tariffs on steel and aluminium imports, which many fear could spark a global trade war.
The Hang Seng Index fell 1.48 per cent, or 460.80 points, to end at 30,583.45.
The benchmark Shanghai Composite Index lost 0.59 per cent, or 19.22 points, to 3,254.53, and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.64 per cent, or 11.80 points, to 1,822.21.