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Hong Kong stocks hit as trade optimism fades


Tuesday, 6 November 2018 04:27 WIB

HANG SENGSahamHongkong


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Hong Kong stocks sank more than two percent Monday as profit-takers moved in after last week's rally, while Donald Trump's top economics advisor poured cold water on hopes for a quick end to the China-US trade row.

The Hang Seng Index fell 2.08 percent, or 551.96 points, to 25,934.39.

The benchmark Shanghai Composite Index lost 0.41 percent, or 11.05 points, to 2,665.43, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was barely moved, inching down 0.09 points to 1,351.00.


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