China and Hong Kong stocks ended Tuesday morning sharply lower, as disappointing China trade data and slumping oil prices unnerved investors already cautious ahead of an anticipated US rate hike next week that could trigger more capital outflows.
China’s blue-chip CSI300 index fell 1.2 per cent, to 3,642.32 points by lunch break, while the Shanghai Composite Index lost 1.3 per cent, to 3,489.88 points.
In Hong Kong, the benchmark Hang Seng index dropped 1.7 per cent, to 21,829.13 points, while the Hong Kong China Enterprises Index lost 2.3 per cent.
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