Hong Kong, Shanghai stocks plunge in morning session

Telegram från AFP / Omni
06 dec 2018, 05.07

Hong Kong and Shanghai stocks were sharply lower at the break Thursday, with technology firms hit by news Canada had arrested a top executive of Chinese telecoms giant Huawei over alleged Iran sanctions breaches by the firm.

The Hang Seng Index tumbled 2.62 percent, or 702.40 points, to 26,117.28 by the break.

Shanghai was down 1.28 percent, or 33.98 points, at 2,615.82.