Trade war uncertainties, probe in US spotlighting Chinese banks spook investors, sending China and Hong Kong stocks tumbling

Trade war uncertainty and news of a US sanctions probe spotlighting three Chinese banks sent shares on the mainland and in Hong Kong tumbling, with gold-linked stocks rising in a rare exception as investors continued to duck into the safe haven.The Shanghai Composite Index ended down on Tuesday 0.87 per cent, to 2,982.07, ending a six-day winning streak.The Shenzhen Composite Index also closed with losses, down about 1 per cent, to 1,560.46, in its second day of losses. The CSI 300 of large cap…

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