SHANGHAI: Hong Kong stocks fell the most since late August as protests escalated after police shot and wounded a protester on Monday morning.
The Hang Seng Index dropped as much as 2.5%, with local landlords plummeting. Police fired tear gas in center of the business district to disperse chanting office workers who were blocking roads. Signs that optimism over a potential U.S.-China trade deal has been overdone added to the bearish sentiment. The MSCI Hong Kong Index slumped 3.1% and the local dollar weakened.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
