According to the information provided by Bloomberg, Chinese equities lost their value in Hong Kong and Shanghai today. It happened due to concerns over trade negotiations with the US as well as government attempt to cool prices of coal. Yuan dropped by 10% to US dollar and set at the lowest level in four months. Yields on Chinese bonds went up.

Hang Seng Index closed lower by 2,1%. This is the biggest drop in seven weeks. Shanghai Composite Index lost 1,4% today. Energy producers were among large losers after government stepped up to reduce coal prices.

Signs of improving relations between China and the US that resulted in equities growth during last few weeks faded after President Trump said that he is not very satisfied with the results of talks between two countries. Perspectives of relations between the US and North Korea, which is a partner of China, are not clear yet. Investors also worry about rising bond payment delays among Chinese firms.