Port-related counters are hit by US-China trade tensions

There are some fears that rising US protectionism may spread to banking, shipbuilding manufacturing sectors
leemx@sph.com.sg@LeeMeixianBT

Singapore

TRADE-DEPENDENT counters, especially those in port operations and bulk cargo transportation, hit multi-year lows in the region on Thursday, amid continued trade tensions between the US and China.

In Singapore, container port business Hutchison Port Holdings Trust fell to