Hang Seng Slips As Trade War Fears Linger

Hong Kong stocks ended the morning session slightly lower on Monday as fears about a China-US trade war overshadowed easing measures by Beijing and a rally in energy firms.

The Hang Seng Index fell 0.4 percent, to 29,227.

On the mainland, the Shanghai Composite Index slipped into red as afternoon trading started

adn was down 0.4 percent, to 2,888, while the Shenzhen Composite Index climbed 0.7 percent to 1,608.

Most other Asian markets fell as fears of a global trade war continue to dog investors, with Donald Trump threatening fresh tariffs on European cars and reports he is considering curbs on Chinese investment the US.

Tokyo ended the morning session 0.4 percent lower, while Sydney lost 0.2 percent.

Singapore shed 0.5 percent, Seoul dipped 0.3 percent, Taipei was 0.8 percent lower and Wellington gave back 0.1 percent. (AFP)

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