Stocks Blog: Hong Kong, mainland China markets fall as traders fret about chances for quick resolution to US-China trade war

  • China Tobacco closes down 3.4 per cent, but that's only a flick of ash after more than 300 per cent gain in three weeks 
  • Future Land shares plummet on news of chairman's arrest

Topic |   Stocks Blog

Good day, traders —

Shanghai and other Chinese benchmarks fell on worries about a resolution to the trade war. The Shanghai Composite Index is still up about 21 per cent for the year, and traders wanted to pocket profits.

Meanwhile, Hong Kong slipped as well.

Catch up on the day's action below. If you have any feedback or questions as we work to make our blog your must-read for local markets coverage, please reach out at
[email protected]
. And welcome to our first reader from Cairo!

Deb Price and Louise Moon in Hong Kong