Hong Kong, Shanghai stocks sink at open

HONG KONG, China (Eagle News) — Hong Kong and Shanghai stocks fell soon after the open on Tuesday, extending the previous day’s sell-off after Donald Trump said he will impose tariffs on another $200 billion of Chinese goods from next week.

The Hang Seng Index lost 0.80 percent, or 215.13 points, to 26,717.72 in early trade.

The benchmark Shanghai Composite Index lost 0.28 percent, or 7.49 points, to 2,644.30 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, gave up 0.34 percent, or 4.64 points, to 1,376.34.

© Agence France-Presse