Markets

Hong Kong stocks extend losses on Trump fears

Published November 14, 2016 Updated November 14, 2016 09:50am

HONG KONG: Hong Kong stocks tumbled again Monday, hit by worries over Donald Trump's presidency and expectations for a sharp rise in US interest rates.

The Hang Seng Index fell 1.37 percent, or 308.87 points, to end at 22,222.22.

But the benchmark Shanghai Composite Index gained 0.45 percent, or 14.33 points, to 3,210.37 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.30 percent, or 6.27 points, to 2,114.30 on turnover of 421.0 billion yuan.

Copyright AFP (Agence France-Presse), 2016