Hong Kong Market falls as U.S.-China trade row intensifies

Hong Kong share market closed session lower on Tuesday, 19 June 2018, as risk aversion selloff triggered after U.S. President Donald Trump's new threat to impose a 10% tariff on $200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing. The Hang Seng Index tumbled by 2.78%, or 841.34 points, to 29,468.15, while the Hang Seng China Enterprises Index plunged by 3.18%, or 377.41 points, to 11,492.77. Turnover increased to HK$153 billion from HK$113.2 billion on Friday. The local market closed on Monday for a public holiday.

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