Thursday, 6 September 2018 03:52 WIB |
MARKET UPDATE |SahamHongkongIndex Hang Seng
Hong Kong stocks tumbled on Wednesday, in line with a sharp sell-off across Asia as investors fret over flagged new US tariffs on Chinese imports as well as fears that crises in several emerging markets could spill into the world economy.
The Hang Seng Index dropped 2.61 percent, or 729.49 points, to close at 27,243.85.
The benchmark Shanghai Composite Index fell 1.68 percent, or 46.24 points, to 2,704.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.61 percent, or 23.54 points, to 1,442.25.