Hong Kong, Shanghai stocks tumble by break

Exchange Square in Hong Kong with bull statue.
Exchange Square in Hong Kong with bull statue.

Hong Kong - Shares dived in Hong Kong and Shanghai on Tuesday as investors fret over a possible trade war between the US and China after Donald Trump threatened fresh sanctions, sparking warnings of retaliatory measures by Beijing.

The Hang Seng Index sank 2.18%, or 659.44 points, to 29 650.05.

And the benchmark Shanghai Composite Index plunged 2.97%, or 89.82 points, to 2 932.08, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 4.35%, or 73.55 points, to 1 618.10.

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ZAR/USD
16.90
(-0.12)
ZAR/GBP
21.37
(-0.12)
ZAR/EUR
19.22
(-0.16)
ZAR/AUD
11.82
(+0.02)
ZAR/JPY
0.16
(+0.06)
Gold
1811.50
(+0.24)
Silver
18.83
(+0.94)
Platinum
853.00
(+0.65)
Brent Crude
43.32
(+0.49)
Palladium
1923.93
(+1.03)
All Share
55870.69
(+1.13)
Top 40
51558.75
(+1.25)
Financial 15
10275.29
(+1.87)
Industrial 25
77503.35
(+0.84)
Resource 10
52793.47
(+1.49)
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