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Hong Kong stocks head into weekend with hefty loss

Aug 31 2018 12:35

Hong Kong stocks ended the week with a sharp loss on Friday as investors were spooked by a report that Dnoald Trump is planning to impose tariffs on $200bn of Chinese goods early next month.

The Hang Seng Index sank 0.98% to close at 27 888.55.

The benchmark Shanghai Composite Index shed 0.46% to 2 725.25, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.09% to 1 451.38.

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equities  |  markets  |  china stocks
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