Hong Kong stocks slump at close

Hong Kong, Aug 2 (AFP/APP):Hong Kong shares ended sharply down Friday, after US President Donald Trump’s decision to impose new tariffs on China sent global markets plummeting.
The Hang Seng Index dropped 2.35 percent, or 647.12 points, to 26,918.58.
The benchmark Shanghai Composite Index tumbled 1.41 percent, or 40.93 points, to close at 2,867.84. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, ended 1.48 percent, or 23.20 points lower, at 1,539.86.

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