Asian stock market Declining across the board due to concerns about intensifying trade disputes between the US and China August 26, 18:52
The stock market in Asia on the 26th of the week began to spread as soon as trade orders began in various regions and concerns increased that trade friction in the United States and China would become even more intense.
Of these, in the Shanghai stock market, the closing price of the “comprehensive index”, a representative stock index, dropped by about 1.1% compared to last weekend, and the trading on the 26th ended.
The closing price of a typical stock index in other Asian stock markets, including Hong Kong fell about 1.9% compared to last weekend, Taiwan is about 1.7%, South Korea is about 1.6%, Singapore is about 1.4% And the price dropped across the board.
Especially in the Hong Kong market, in addition to concerns about trade friction in the United States and China, there was also a growing sense of caution about the spread of confusion, such as the firing of firearms by demonstrators due to the threat of the protests on the 25th, stock prices temporarily It fell over 3%.
Market officials said, “The conflict between the United States and China over trade cannot be seen as a solution, and investors are increasingly wary about the future of the global economy. However, unstable movements are likely to continue. "