BCN-10 Hong Kong shares dive at open on passage of US rights bill

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ZCZC

BCN-10

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong shares dive at open on passage of US rights bill

HONG KONG, Nov 21, 2019 (BSS/AFP) – Hong Kong shares plunged more than one
percent in the opening exchanges of Thursday after US lawmakers passed a bill
supporting Hong Kong rights in a move investors fear could jeopardise ongoing
China-US trade talks.

The Hang Seng index dived 1.62 percent, or 434.40 points, to 26,455.21.

The benchmark Shanghai Composite Index lost 0.29 percent, or 8.50 points,
to 2,902.55 and the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, fell 0.39 percent, or 6.44 points, to 1,628.72.

BSS/AFP/HR/1040