Hang Seng Index drops on US-China trade concerns; Tencent, WH Group and Sunny Optical fall

  • Pick Chinese consumer, internet and 5G stocks in 2020, UBS says
  • Sa Sa International falls 3.7 per cent after reporting retail sales in Hong Kong, Macau declined 19.4 per cent in first half 

Topic |   Stocks Blog
Cleanup is under way in Hong Kong. Here workers clear protest-related debris from a footbridge at the Cross-Harbour Tunnel. Photo: K.Y. Cheng

Good day, traders --

Hong Kong and China stocks fell on expectations that US President Donald Trump will sign legislation supporting the city's protesters. Beijing warned that it would take "strong countermeans ... if the US insists on making the wrong decisions" on the legislation. This sets up a likely collision course that could upset the phase one trade deal that is in the works.

Check out the day's action below.

Please help us improve our blog by taking this quick -- under 2 minutes! --
Your feedback will really help us make the blog better for you!
Also, if you would like the Live Stocks Blog emailed to you each morning, click

-- Deb Price and Georgina Lee in Hong Kong

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard.  It is subject to our T&C.  SCMP (as defined in
) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.