mo4ch:>Asian markets plunge amid escalating US-China tensions | Mo4ch News

Stocks in Asia are finishing the first trading day of the week with losses tracking negative sentiment on Wall Street as the Trump administration continues verbal attacks on China over the coronavirus pandemic.Shares trading in Hong Kong suffered steep losses, with the Hang Seng index dropping the most it has in six weeks by nearly four percent. Monday was the first trading day this month at the Hong Kong stock market as it was closed for holidays at the end of last week.Also on rt.comStocks and Chinese yuan cave in on Trump’s China tariff threatWhile some other markets in Asia, like those in Japan and mainland China, were still off for holidays, South Korea’s Kospi fell around three percent. In India, the key Mumbai Sensex index dropped over five percent and the Nifty 50 plunged more than four percent.Australia’s stocks closed slightly higher as the market managed to bounce back after falling more than one percent.Also on rt.comANOTHER leaked intel report accuses China of ‘intentiona…