China's stocks sink on fresh US trade war salvo
Yahoo Finance·2025-10-13 05:31
By Samuel Shen and Summer Zhen HONG KONG/SHANGHAI (Reuters) -China stocks fell sharply in volatile trade on Monday as a renewed trade war between Washington and Beijing hit risk appetite and spurred profit-taking, pulling shares from their decade highs. The blue-chip CSI300 Index declined 1.8% and the Shanghai Composite was down 1.3% by lunch break. In Hong Kong, the Hang Seng benchmark slumped 3.5% and the Hang Seng Tech index lost 4.5%. Defying the broader selloff, however, China's rare earth sector, ...