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Wednesday, August 17, 2022

Hong Kong, Shanghai end morning with losses

Hong Kong, Shanghai end morning with lossesHONG KONG: Shares tumbled in Hong Kong and Shanghai Monday, reversing a surge at the end of last week after Donald Trump’s top economics advisor downplayed the chances of a quick deal to end the China-US trade war.

The Hang Seng Index sank 2.65 percent, or 701.15 points, to 25,785.20.

The Shanghai Composite Index fell 1.00 percent, or 26.64 points, to 2,649.84.

Copyright AFP (Agence France-Press), 2018

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Source: Brecorder

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