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Hong Kong, Shanghai stocks sink as China hikes tariffs

AFP  |  Hong Kong 

Shares in sank Tuesday, in line with a sell-off across and following a hammering on Wall Street as China's retaliation against US hikes fanned fears of an all-out trade war between the economic titans.

The fell 1.50 percent, or 428.22 points, to 28,122.02.

The benchmark Shanghai Composite Index lost 0.69 percent, or 20.10 points, to 2,883.61 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.62 percent, or 9.68 points, to 1,542.07.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 14 2019. 14:05 IST
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