Financial news
Written by: Jingjing He
2019-12-04 09:30
Last updated: 2019-12-04 09:34US President Donald Trump has stated that there is no deadline for reaching China-US trade talks, and to some extent he thinks it will be better to wait until after the election. His tough posture shattered U.S. stocks, and the Dow fell 280 points (1.01%), the largest one-day drop since October 8. Hong Kong stocks fell in line with the outside world. The HSI opened at 26071 points, down 319 points (1.21%). The state-owned enterprise index was 10254 points, down 101 points (0.98%).
Blue chip stocks generally fell in the open, Tencent (0700) fell 0.96% to 327.8 yuan; AIA (1299) fell 1.26% to 78 yuan; Alibaba (9988) fell 1.3% to 190 yuan; HSBC Holdings (0005) fell 1.6 %, Reported at 57 yuan; Ping An of China (2318) fell 1% to 89.1 yuan; Hong Kong Stock Exchange (0388) fell 0.56% to 246 yuan; Link Show (0823) fell 1.2% to 78.25 yuan.
Trump: US stocks' decline on Tuesday is not worth mentioning
[Sino-U.S. Trade war] Ross: The right agreement is more important than when it is reached
[Sino-U.S. Trade talks] Trump's tough statement cuts market confidence Dow drops 280 points
Opening news
