Hong Kong stocks extend losses on Trump fears

 14 Nov 2016 - 11:19

Hong Kong stocks extend losses on Trump fears
Tokyo stocks jumped on November 14 as a weaker yen lifted exporters with sentiment buoyed by upbeat Japanese GDP figures (AFP Photo/Kazuhiro Nogi)

AFP

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.