HONG KONG — The recent upbeat mood in the Chinese stock markets faces a durability test as U.S. President Donald Trump squeezes pressure points besides tariffs — including technology investments and shipping.
Hong Kong’s benchmark Hang Seng index opened Tuesday with a 2.7% drop from the previous day, before regaining some ground and closing down 1.32%. The CSI 300 — the composite index of blue chips in Shanghai and Shenzhen — started 0.9% lower and saw its decline deepen to 1.11% by the day’s end. The Hang Seng Tech Index initially fell more than 4% before ending with a 1.57% decline.
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