Hong Kong stocks sink as taper risks reignite bond market sell-off, China watches with caution on policy fallout

//Hong Kong stocks sink as taper risks reignite bond market sell-off, China watches with caution on policy fallout

Hong Kong stocks sink as taper risks reignite bond market sell-off, China watches with caution on policy fallout

Hong Kong and mainland China stocks tumbled with equities in the Asia-Pacific region as taper risks dominated trading sentiment and uncertainty about the inflation outlook triggered another bout of bond market sell-off.The Hang Seng Index sank 1.6 per cent to 28,950.83 at local noon break, snapping a 2.3 per cent winning run over the past four days. The Shanghai Composite Index retreated 1 per cent from a two-week high, after senior officials from Beijing and Washington met in Alaska in tense…

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By | 2021-03-19T02:06:11+00:00 March 19th, 2021|Business|Comments Off on Hong Kong stocks sink as taper risks reignite bond market sell-off, China watches with caution on policy fallout