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Hong Kong, Shanghai Stocks Plunge at Open on Trade War Fears


Monday, 6 May 2019 09:24 WIB

HANG SENGSahamHongkongIndeks Shanghai Composite


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Hong Kong stocks tumbled in the first few minutes of trade Monday after Donald Trump warned he would hike tariffs on hundreds of billions of dollars' worth of Chinese goods at the end of the week.

The Hang Seng Index plunged 2.43 percent, or 730.82 points, to 29,350.73.

The benchmark Shanghai Composite Index dived 3.04 percent, or 93.61 points, to 2,984.73 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, sank 3.66 percent, or 59.82 points, to 1,576.77.

Source : AFP


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