China’s Markets Fall as Covid Protests Make Investors Nervous
Chinese assets plunged on Monday as a sense of chaos and uncertainty gripped traders after growing protests against Covid restrictions complicated the nation’s path to reopening. The Hang Seng China Enterprises Index fell more than 2% in afternoon trading, with technology and real estate stocks leading the decline. The onshore Yuan weakened 0.6% against the […]
Global Stocks Fall Extends to Asia After the US CPI
Asian stocks, bonds, and currencies fell in the wake of the widespread sell-off on Wall Street after warmer-than-expected inflation data fueled bets on jumbo interest rate hikes by the Federal Reserve. Stock indexes in Japan, Hong Kong, and Australia plunged after U.S. stocks had their biggest drop in more than two years, with the S&P […]
Hong Kong stock market sees uncertain future as China grows
Under Chinese rule, Hong Kong’s stock market has more than tripled. That’s still below Shanghai. Hong Kong’s benchmark stock index has earned a total return of more than 230 percent since delivery in July 1997. That compares with 320% of the Shanghai Composite Index and 580% of the S&P 500 Index in the United States. […]