Hong Kong shares down

Hong Kong shares fell on Friday, amid renewed geopolitical worries after US President Donald Trump called off a planned June meeting with North Korean leader Kim Jong Un. Sentiment is dampened by signs of rising trade tensions as the Trump administration launched a national security investigation into car and truck imports, ahead of US Commerce Secretary Wilbur Ross's visit to China early next month for another round of talks.
The Hang Seng index fell 0.6 percent, to 30,588.04, while the China Enterprises Index lost 0.9 percent, to 12,047.75 points. The sub-index of the Hang Seng tracking energy shares dipped 3.9 percent while the IT sector dipped 0.74 percent; the financial sector was 0.3 percent lower and property sector dipped 0.17 percent. The top gainer on Hang Seng was Lenovo Group Ltd, up 6.91 percent, while the biggest loser was CNOOC Ltd, which was down 3.53 percent.
As of the previous trading session, the Hang Seng index was up 2.81 percent this year, while China's H-share index was up 3.8 percent. As of the previous close, the Hang Seng has declined 0.16 percent this month. The top gainers among H-shares were CSPC Pharmaceutical Group Ltd, up 6.81 percent, followed by ZhongAn Online P & C Insurance Co Ltd gaining 1.78 percent and China Citic Bank Corp Ltd up by 1.58 percent. The three biggest H-shares percentage decliners were CNOOC Ltd, which was down 3.53 percent, PetroChina Co Ltd , which fell 3.0 percent, and Guangzhou Automobile Group Co Ltd, down by 2.6 percent.