Hong Kong, Shanghai Stocks Dive on US Tariffs Threat (Review)

Hong Kong and Shanghai stocks sank on Wednesday as investors were rattled by a US threat to impose tariffs on another $ 200 billion of Chinese goods, escalating a trade war between the economic giants.

The Hang Seng Index fell 1.29 percent, or 370.56 points, to 28,311.69.

The benchmark Shanghai Composite Index fell 1.76 percent, or 49.86 points, to 2,777.77 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 1.96 percent, or 31.16 points, to 1,554.62.

Source : AFP

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

China shares fall, yuan falters on new U.S. tariff threat

China’s stocks slumped Wednesday after three days of gains and the yuan weakened as the United States threatened more import duties on Chinese goods, sharply escalating the trade conflict between the world’s two biggest economies.

The Shanghai Composite index fell 1.8 percent, and the blue-chip CSI300 index dropped 1.7 percent.

Investors have been particularly worried that the trade row could harm an already slowing Chinese economy in a blow to global investment and growth. Analysts said domestic concerns would also weigh on shares.

Source: Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Hong Kong, Shanghai Stocks Dive on US Tariffs Threat

Hong Kong and Shanghai stocks sank on Wednesday as investors were rattled by a US threat to impose tariffs on another $ 200 billion of Chinese goods, escalating a trade war between the economic giants.

The Hang Seng Index fell 1.29 percent, or 370.56 points, to 28,311.69.

The benchmark Shanghai Composite Index fell 1.76 percent, or 49.86 points, to 2,777.77 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 1.96 percent, or 31.16 points, to 1,554.62.

Source : AFP

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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