The Trump administration has added SMIC and Cnooc to a blacklist as companies owned or controlled by the Chinese military. Photo: Imaginechina
Hong Kong stocks end week lower after SMIC and CNOOC decline following US blacklisting
- The Hang Seng Index rose 0.4 per cent on Friday, but fell 0.2 per cent for the whole week
- China stocks, in a “soft bull cycle”, record a third week of gains
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Hang Seng Index
The Trump administration has added SMIC and Cnooc to a blacklist as companies owned or controlled by the Chinese military. Photo: Imaginechina