China, HK Shares Dip as Apple Supliers Slip on Tariff Concerns, Auto Makers Tumble

Hong Kong, – Chinese stocks fell on Friday as apple suppliers weakened after a Us court reinstated the tarifs, while automakers extended losses amid ongoing mess Toward Weekly Declines.

** at the middle break, China’s blue-chip csi300 index weakened 0.3%, heading to the second week of loss. The Shanghai Composite Index also Dropped 3% to 3,353.07 points.

** declines was sharper in hong kong. The chinese h-share index listed in hong kong, The Hang Seng China Enterprises Index Fell 1.7% and Hong Kong’s Benchmark Hang Seng Index Lost 1.5%, Both Set to SNAP A SNAP A SIX ANAP A.

** “Sentiment Dropped Further Amid Lower Turnover and Lukewarm Macro Prints,” Laura Wang, Chief China Equity Strategist at Morgan Stanley Wrote in a Note to Friday.

** “No Signs of Near-Term Stimulus Step-up as the Interim Tariff Truce Continues.”

** Weghing on the Markets on Friday, Apple Suppliers TUMBLED After An APEALS COURT CORT President Donald Trump’s Trum’s Tarifs in Effect, A Day AFTER A DAY AFTER A DAY AFTER A DAY AFTER AFTER AFTER AFTER BLOCKED TROCKED CHEM Exceded His Authority.

** iPhone Assembly Foxconn Lost 3.5%, byd electronics tumbled 5%and lens tech weakened 3.8%.

** Auto Shares Continued the Downward Trend as Price War Concerns Linger. Shares of xpeng, byd and nio all slipped more than 4%.

** Cushioning The Losses, The CSI Banks Index Advanced 1% After News That People’s Bank of China Governor Pan Gongsheng will Attend the opening ceremony of the lujiazui forum in Shanghai Next Month and Announcing Several Major Financial Policies.

** Around the region, msci’s asia ex-japan stock index was weaker by 0.5% while Japan’s Nikkei index was down 1.3%.

This article was generated from an automated news agency feed without modifications to text.