ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

Hong Kong stocks tumble after protest clashes and tariff moves

Meituan Dianping reaches new high after posting first quarterly profit

HONG KONG (Nikkei Markets) -- Hong Kong shares were slammed in morning trading on Monday as a deterioration in trade tensions and mounting worries over violent protests in the city sparked a sell-off.

The Hang Seng Index had declined 2.8% to 25,447.66 by noon, with 48 of its 50 constituents declining. The Shanghai Composite Index gave up 1%, while the yuan traded onshore dropped 0.7% against the U.S. dollar to 7.1413.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more