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Stock impact report

Hong Kong stocks fall most in 3 weeks amid trade war fears [Reuters]

CHINA UNICOM (CHU) 
Company Research Source: Reuters
Hong Kong stocks fall most in 3 weeks amid trade war fears | Reuters Reuters Staff 3 Min Read * Hang Seng index ends down 2.3 pct * China Enterprises index HSCE falls 1.7 percent * HSI financial sector sub-index is 2.3 percent lower; property sector down 2.1 percent March 5 (Reuters) - Hong Kong stocks fell the most in three weeks on Monday as the prospects of a global trade war continued to haunt investors. ** US President Donald Trump said last week he would impose significant tariffs on steel and aluminium imports. UBS Securities wrote on Monday“it is possible that Trump may impose tariff on a wide range of Chinese exports.” ** The Hang Seng index fell 2.3 percent to 29,886.39, while the China Enterprises Index lost 1.7 percent to 11,991.79. ** The sub-index of the Hang Seng tracking energy shares dipped 1.8 percent while the IT sector dipped 2.37 percent, the financial sector was 2.31 percent lower and property sector dipped 2.08 percent . ** The top gainer on Hang Seng was Sunny Show less Read more
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