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Stock impact report

Hong Kong shares end lower as Huawei charges fan trade worries [Reuters (UK)]

T-Mobile US, Inc. (TMUS) 
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Company Research Source: Reuters
Hong Kong shares end lower as Huawei charges fan trade worries | Reuters 2 Min Read * Hang Seng index ends down 0.16 pct * China Enterprises index HSCE falls 0.14 percent * HSI financial sector sub-index is flat; property sector up 0.5 percent Jan 29 (Reuters) - Hong Kong shares fell on Tuesday amid growing investor concern that U.S. criminal charges against Chinese telecom giant Huawei would damage prospects for a Sino-U.S. trade deal. ** The Hang Seng index settled 0.16 percent lower at 27,531.68. The Hang Seng China Enterprises index fell 0.14 percent to 10,867.42. ** The sub-index of the Hang Seng tracking energy shares dipped 1 percent, while the IT sector rose 0.24 percent, the financial sector ended 0.39 percent lower and the property sector rose 0.53 percent. ** Investor sentiment, already shaken by pessimism over global growth, took another hit after the U.S. Justice Department unsealed indictments against China’s top telecom equipment maker Huawei, accusing it of bank and wi Show less Read more
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