Hong Kong Stocks Plunge More Than 3% at Open

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In a report by Business Times, Hong Kong stocks dived more than 3% in the first few minutes of business Monday after Donald Trump ramped up his trade row with China, while the city was hit by fresh violent protests over the weekend.

The Hang Seng Index dived 3.27%, or 857.33 points; to 25,322 at the open.

Meanwhile, the benchmark Shanghai Composite Index sank 1.6%, or 46.41 points to 2,851.02; and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, shed 1.96%, or 30.87 points, to 1,547.83.

Written by

Cheryl Toh

Last updated on

August 26th 2019, 10:55 am

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