Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images
Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images

Hong Kong, China stocks tumble on heightened Sino-US tension and rout in market darlings

  • The Hang Seng Index falls 2 per cent for the biggest decline in almost three weeks
  • Drug makers slide on concern price cuts will erode profits and mainland traders trim favourite bets such as Kweichow Moutai

Topic |   China stock market
Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images
Kweichow Moutai fell 4 per cent Friday as traders locked in profits. Photo: Shutterstock Images
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