HK shares end weaker on trade jitters, mixed China data [Reuters (UK)]
CHINA NATL BLDGS MT U/ADR (CBUMY)
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Source: Reuters
HK shares end weaker on trade jitters, mixed China data - Reuters 3 Min Read * HSI -1.2 pct, H-shares -1.5 pct; A-shares, Asia slide * China April exports undershoot, adding to tariff risk * Imports beat estimates, but sustainability questioned HONG KONG, May 8 (Reuters) - Hong Kong stocks closed lower on Wednesday, tracking a decline in global markets, as China’s mixed bag of trade data and fears of an escalation in the Sino-U.S. tariff spat stoked an investor exodus from riskier assets. ** At the close of trade, the Hang Seng index was down 1.2 percent at 29,003.20 points. The Hang Seng China Enterprises index closed 1.5 percent weaker. ** The sub-index of the Hang Seng tracking energy shares closed 1.8 percent weaker, while the IT sector ended 0.4 percent firmer, the financial sector ended 1.7 percent lower and the property sector closed down 0.6 percent. ** China’s exports unexpectedly shrank in April, though imports surprised with their first increase in five months, painting a m
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