HK shares ease on growth concerns; Tencent drags [Reuters]
PetroChina Company Limited (PTR)
US:NYSE Investor Relations:
petrochina.com.cn/ptr/tzzgx/tzzgx.shtml
Company Research
Source: Reuters
HK shares ease on growth concerns; Tencent drags | Reuters 4 Min Read * Hang Sang falls 0.7 pct; Tencent ends 1.2 pct lower * IMF cuts global growth forecasts as tariffs bite, China slows * Trade tensions persist as U.S. asks to extradite Huawei’s CFO HONG KONG, Jan 22 (Reuters) - Hong Kong stocks closed lower on Tuesday after the global economic outlook grew murky, fresh tensions emerged between the United States and China, while shares of market leader Tencent faltered. ** The benchmark Hang Seng index ended down 0.7 percent at 27,005.45 points. The Hang Seng China Enterprises index fell 0.9 percent. ** The International Monetary Fund (IMF) trimmed its global growth forecasts and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed on Monday, ahead of the World Economic Forum in Davos. ** The IMF's warning came shortly after China reported its slowest growth in 28 years for 2018, amid the trade war with the United States and cooling dom
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