Hong Kong (CNN Business) Shares in Chinese carmakers skidded lower on Friday after an industry association cut its forecast for vehicle sales this year, citing the US-China trade war and tough new emission standards.

Great Wall Motors GWLLF BYD BYDDF Geely GELYF BAIC sank 4.2% in Hong Kong, whilelost 1.4% andandboth dropped 1.3%.

The China Association of Automobile Manufacturers said on Thursday it expected car sales to fall 5% in 2019. It had previously forecast that sales would be flat this year, after they dropped 2.8% in 2018 — the first decline in nearly three decades.

Here are some of the other big moves on Asian markets at 10:30 a.m. in Hong Kong today.