Biggest daily drop in six months looms for Hong Kong markets opening after the lunar original Year breakHong Kong’s stocks took a battering on Thursday,with the benchmark index falling 4% in late morning trade as worries approximately the health of the global economy, particularly China, or sparked a sell-off in financials and energy shares.
Stocks were set for their biggest daily drop in six months after they reopened from a three-day break,catching up with global peers. China-related stocks and banks were singled out for special punishment.
Continue reading...
Source: theguardian.com