Hong Kong Stocks Drop at Open
Thursday, 16 May 2019 08:56 WIB |
MARKET UPDATE |SahamHongkongSahamChinaIndeks Shanghai CompositeIndeks Hang Seng
Hong Kong stocks opened lower Thursday morning as Donald Trump's decision to ban US firms from using foreign telecoms equipment appeared aimed at China's Huawei and ZTE, risking a further flare-up in their trade war.
The Hang Seng Index eased 0.53 percent, or 151.23 points, to 28,117.48.
The benchmark Shanghai Composite Index slipped 0.18 percent, or 5.18 points, to 2,933.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, inched down 0.08 percent, or 1.23 points, to 1,576.69.
Source : AFP
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