The Business Times

Hong Kong: Stocks tumble at open on Wednesday

Published Wed, Mar 14, 2018 · 01:57 AM

[HONG KONG] Hong Kong stocks sank in the first few minutes of trade on Wednesday, in line with an Asian sell-off on worries about a hardline approach to global affairs by Donald Trump after he sacked Secretary of State Rex Tillerson.

The Hang Seng Index fell 1.20 per cent, or 378.26 points, to 31,223.19.

And the benchmark Shanghai Composite Index lost 0.35 per cent, or 11.57 points, to 3,298.67, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gave up 0.35 per cent, or 6.55 points, to 1,888.76.

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

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