A panel displays the closing Hang Seng Index inside the Hong Kong Exchanges, on the day the stock exchange operator announces their annual results in Hong Kong March 2, 2016. — Reuters pic
HONG KONG, Aug 5 — Hong Kong shares plummeted today, as fears of a US-China trade war spiked following President Donald Trump’s vow to impose fresh tariffs on Chinese goods.
The Hang Seng Index lost 2.85 per cent, or 767.26 points, to 26,151.32.
The benchmark Shanghai Composite Index declined 1.62 per cent, or 46.34 points, to close at 2,821.50. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 1.47 per cent, or 22.59 points, to close at 1,517.27. — AFP