Reported about 10 hours ago
Chinese stocks fell sharply as investors returned from a holiday, reacting to rising trade tensions after the U.S. and China imposed tariffs on each other. Despite a brief positive start, the CSI 300 Index quickly lost ground, with the Hang Seng China Enterprises Index dropping over 2%. This volatility followed reports of the U.S. Postal Service suspending parcel shipments from China, further heightening apprehension in the market. While there are hopes for a future trade agreement, uncertainties surrounding tariff developments and China's economic recovery continue to weigh on investor sentiment.
Source: YAHOO