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CHINA STOCKS: The reopening of Hong Kong stocks has been met with heavy selling
pressure with the Hang Seng down 1.2% and the Hang Seng China Index down almost
2.0%, boding poorly for Monday's China reopen.
- Renewed fears over trade talks following headlines that a Trump-XI meeting is
unlikely to occur before the March deadline have weighed heavily on Hong Kong
stocks, with both the HSI and HSCEI dropping back below their 200-dmas.
- The renewed weakness in the CNH is also acting as a headwind for the HSCEI.