HONG KONG: Hong Kong and Shanghai stocks sank Friday on rumbling China-US tensions and following a jump in US jobless claims that fanned worries about the economic recovery.
The Hang Seng Index tumbled 2.21 percent, or 557.67 points, to 24,705.33.
The benchmark Shanghai Composite Index dived 3.86 percent, or 128.34 points, to 3,196.77, while the Shenzhen Composite Index on China's second exchange tanked 5.00 percent, or 112.57 points to 2,138.36.
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