Hong Kong stocks drop more than 1pc

Business & Finance
25 Jun 2019 • 4:36 PM MYT
Malay Mail
Malay Mail

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A man walks past a panel displaying the Hang Seng Index at the Hong Kong Exchanges, July 8, 2015. — Reuters pic

HONG KONG, June 25 — Hong Kong shares fell more than one per cent today, hit by concerns over rising Iran-US tensions and as investors await this week’s crucial trade talks between Donald Trump and Xi Jinping.

The Hang Seng Index sank 1.15 per cent, or 327.02 points, to 28,185.98.

The benchmark Shanghai Composite Index fell 0.87 per cent, or 26.07 points, to 2,982.07, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.99 per cent, or 15.63 points, to 1,560.46. — AFP