China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse

//China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse

China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse

China’s stocks slumped by the most in four weeks while Hong Kong’s benchmark index halted a four-day rally on concerns about rising volatility and political tension before the US presidential election on November 3.The Shanghai Composite Index fell 1.1 per cent to 3,286.15 as of 10.34am local time, the most since September 24. The Hang Seng Index slipped 0.3 per cent to 24,667.84 after reaching a six-week high Wednesday.The US designated another six lesser known Chinese media as “foreign…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-10-22T03:25:30+00:00 October 22nd, 2020|Business|Comments Off on China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse