HONG KONG, Aug 31, 2018 (BSS/AFP) – Hong Kong shares tumbled more than
one percent at the open Friday as trade frictions returned to the fore with a
report saying Donald Trump wants to impose fresh tariffs on $200 billion of
Chinese imports next month.
The Hang Seng Index shed 1.30 percent, or 365.84 points, to 27,798.21.
The benchmark Shanghai Composite Index slid 0.28 percent, or 7.63 points,
to 2,730.11, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, lost 0.41 percent, or 5.95 points, to 1,461.23.