China, HK stocks dip as U.S. tariff deadline looms, economic slowdown persists

(Reuters) – China and Hong Kong stocks dipped on Tuesday, as investors waited to see if the United States would slap fresh tariffs on Chinese goods on Dec. 15, a move that was likely to complicate efforts to defuse the protracted trade war.

** Sentiment also suffered as data showed China’s producer prices fell for the fifth consecutive month in November, while consumer prices spiked as food costs climbed, complicating policymakers’ efforts to boost demand as economic growth slows.

** The CSI300 index fell 0.2%, to 3,888.95 points at the end of the morning session, while the Shanghai Composite Index lost 0.2%, to 2,908.59 points. ** The Hang Seng index dropped 0.1%, to 26,471.58 points. The Hong Kong China Enterprises Index lost 0.1%, to 10,402.80.

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