Hong Kong stocks down at lunch

Hong Kong: Hong Kong shares sank more than one percent on Monday morning as investors were spooked by China’s refusal to meet US officials for talks to avert an all-out trade war.

The Hang Seng Index fell 1.25 percent, or 350.50 points, to 27,603.08 by the break.

[source_without_link]AFP[/source_without_link]