Hong Kong, Shanghai Shares End Sharply Lower 22 January 2019

Hong Kong stocks turned negative Tuesday after a recent rally as profit-takers moved in, while dealers were also spooked by a report saying China and the US were struggling to make progress on parts of their trade talks

Hong Kong, (UrduPoint / Pakistan Point News - 22nd Jan, 2019 ) :Hong Kong stocks turned negative Tuesday after a recent rally as profit-takers moved in, while dealers were also spooked by a report saying China and the US were struggling to make progress on parts of their trade talks.

The Hang Seng Index sank 0.70 percent, or 191.09 points, to end at 27,005.45.

The benchmark Shanghai Composite Index lost 1.18 percent, or 30.81 points, to 2,579.70, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 1.17 percent, or 15.59 points, to 1,314.58.