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Wednesday, May 18, 2022

Hong Kong stocks down at the open

Hong Kong stocks down at the openHong Kong: Hong Kong stocks fell in opening trade on Tuesday, tracking sharp losses on Wall Street as investors grow increasingly concerned about a brewing China-US trade war.

The Hang Seng Index slipped 0.28 percent, or 80.21 points, to 28,881.18.

And the benchmark Shanghai Composite Index shed 1.03 percent, or 29.35 points, to 2,829.99.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, retreated 1.29 percent, or 20.45 points, to 1,566.86.

Copyright APP (Associated Press of Pakistan), 2018

Source: Brecorder

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