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Stock impact report

HK stocks fall ahead of next week's Trump-Kim summit, Fed meeting [Reuters]

CHINA UNICOM (CHU) 
Company Research Source: Reuters
HK stocks fall ahead of next week's Trump-Kim summit, Fed meeting | Reuters Reuters Staff 3 Min Read * Hang Seng index ends down 1.8 pct * China Enterprises index HSCE falls 2 pct * HSI financial sector sub-index 1.6 pct lower; property sector down 1 pct June 8 (Reuters) - Hong Kong stocks fell the most in two weeks on Friday, as investors braced for a series of market-moving events next week including the U.S.-North Korea summit and the Federal Reserve’s policy meeting. ** The Hang Seng index fell 1.8 percent, to 30,958.21, while the China Enterprises Index lost 2.0 percent, to 12,165.79 points. **The sub-index of Hang Seng tracking energy shares dipped 1.7 percent, the IT sector fell 2.92 percent, the financial sector was 1.61 percent lower and the property sector declined 1.02 percent. ** The top gainer on Hang Seng was Swire Pacific Ltd, up 0.06 percent, while the biggest loser was China Unicom Hong Kong Ltd, which was down 4.97 percent. ** Around the region, MSCI’s Asia ex-Japan Show less Read more
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