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Shanghai, Hong Kong stocks plunge on trade war fears

Shanghai, Hong Kong stocks plunge on trade war fearsSHANGHAI: Shanghai and Hong Kong stocks plunged on Tuesday on investors’ fears that the US and China could be heading for a full-blown trade war following tit-for-tat tariff threats.

The benchmark Shanghai Composite Index ended down 3.78 percent, or 114.08 points, at 2,907.82 while Hong Kong was 3.12 percent lower in late afternoon trade.

Copyright AFP (Agence France-Press), 2018
 

Source: Brecorder

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