News of possible US sanctions against Chinese oil and semiconductor companies sent Asian markets reeling, ending November’s party on a sour note. Photo: Reuters
News of possible US sanctions against Chinese oil and semiconductor companies sent Asian markets reeling, ending November’s party on a sour note. Photo: Reuters

Hong Kong stocks end November in turmoil as CNOOC crashes 14 per cent on report of possible US sanctions

  • Hang Seng Index tumbled 2.1 per cent, the most in more than six weeks, while Shanghai Composite retreated 0.5 per cent
  • CNOOC crashed by 14 per cent to lead losses among blue chips in Hong Kong on possible new sanctions by outgoing Trump administration

News of possible US sanctions against Chinese oil and semiconductor companies sent Asian markets reeling, ending November’s party on a sour note. Photo: Reuters
News of possible US sanctions against Chinese oil and semiconductor companies sent Asian markets reeling, ending November’s party on a sour note. Photo: Reuters
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