Stocks plummet: An investor looks at a stock price display screen at a brokerage house in Shanghai. Stock markets in Hong Kong and mainland China fell yesterday on trade war fears with the US. — AP
SHANGHAI: Stocks in Hong Kong and mainland China fell as the US outlined its plan to slap tariffs on Chinese imports.
The Shanghai Composite Index fell as much as 4.7% before paring its loss to 3.4%, while the Shenzhen Composite had its worst day since December 2016, falling 4.5%. The Hang Seng Index lost 2.5%.
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