Hong Kong shares suffer worst weekly loss in two months amid ongoing protests, Fed rate speculation

//Hong Kong shares suffer worst weekly loss in two months amid ongoing protests, Fed rate speculation

Hong Kong shares suffer worst weekly loss in two months amid ongoing protests, Fed rate speculation

Hong Kong’s Hang Seng Index finished its worst week in two months, weighed down by worries about ongoing protests, uncertainties about global interest rates and frenzied trading on China’s new technology board that sapped interest in stocks listed elsewhere.The Hang Seng Index lost 1.3 per cent, or 367.66 points, over the week, closing at 28,397.74 on Friday. That was its worst weekly performance since May 31. The benchmark dropped 0.7 per cent on Friday, snapping a three-session rally.Turnover…

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By | 2019-07-27T02:31:43+00:00 July 27th, 2019|Business|Comments Off on Hong Kong shares suffer worst weekly loss in two months amid ongoing protests, Fed rate speculation