China, Hong Kong stocks drop, tracking global selloff [Reuters (UK)]
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Source: Reuters
China, Hong Kong stocks drop, tracking global selloff | Reuters 4 Min Read * SSEC -1.4 pct, CSI300 -1.7 pct, HSI -1.8 pct * HK-Shanghai Connect daily quota used -7.8 pct, Shanghai-HK daily quota used 3.1 pct * FTSE China A50 -2.1 pct, BNY Mellon ADR China Select Index -3.0 pct SHANGHAI, March 25 (Reuters) - China and Hong Kong stocks fell on Monday, tracking a global selloff, as investors ditched shares and fled to the safety of bonds on growing fears about a U.S. recession. ** The CSI300 index fell 1.7 percent to 3,768.72 at the end of the morning session, while the Shanghai Composite Index lost 1.4 percent to 3,061.65. ** The Hang Seng index dropped 1.8 percent to 28,595.93, while the Hong Kong China Enterprises Index lost 2.0 percent to 11,282.78. ** On Friday, all three major U.S. stock indexes clocked their biggest one-day percentage losses since Jan. 3. The Dow slid 1.8 percent, the S&P 500 was off 1.9 percent and the Nasdaq dropped 2.5 percent. ** A weaker-than-expected Markit
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