Published:  01:20 AM, 12 August 2017

Hong Kong, Shanghai stocks suffer steep drop

Hong Kong and Shanghai stocks ended Friday sharply lower as traders took fright over escalating North Korea tensions which have sparked a worldwide sell-off. The Hang Seng Index finished down 2.04 percent, or 560.49 points, at 26,883.51.

The benchmark Shanghai Composite Index plunged 1.63 percent, or 53.21 points, to 3,208.54, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.60 percent, or 30.00 points, to 1,842.60.

-AFP, Hong Kong

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