Hong Kong shares falter before U.S.-China trade deal [Reuters]
AAC TECHS HLDGS UNSP/ADR (AACAY)
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Source: Reuters
Hong Kong shares falter before U.S.-China trade deal * Hang Seng falls 0.4%, H-shares down 0.5% * U.S. to keep tariffs on China until Phase 2 deal - Mnuchin * Analysts question China’s pledge to ramp up U.S. purchases HONG KONG, Jan 15 (Reuters) - Stocks in Hong Kong edged down on Wednesday after the United States warned that tariffs on Chinese goods will remain in place, hours before the two sides prepared to seal a Phase 1 trade deal. ** At the close of trade, the Hang Seng index was down 0.4% at 28,773.59. The Hang Seng China Enterprises index fell 0.5%. ** The sub-index of the Hang Seng tracking energy shares dipped 1.3%, the IT sector rose 0.1%, the financial sector fell 0.3% and the property sector lost 0.2%. ** The top gainer on the Hang Seng was AAC Technologies Holdings Inc, which rose 1.2%, while the biggest loser was CNOOC Ltd, which fell 2.4%. ** The lacklustre session took Hong Kong shares further away from the eight-month high hit on Tuesday after the U.S. Treasury withd
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