Hong Kong Hang Seng falls 1.4% as Italian crisis, trade war fears weigh

Hong Kong stock market closed lower on Wednesday, 30 May 2018, as investors took shelter against risk assets amid political turmoil in Italy and rekindled concerns over a U.S.-China trade war. At the close, the Hang Seng Index finished down 1.4% at 30,056.79, briefly slipping below the key 30,000 level in morning trade, while the Hang Seng China Enterprises Index fell 1.6% to 11,769.16. Turnover increased to HK$109.8 billion from HK$87.6 billion on Tuesday.

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