Bear market looms for China stocks in Hong Kong


Pedestrians walk past the Exchange Square complex which houses the HKEX. —Bloomberg

BEIJING: A gauge of Chinese shares traded in Hong Kong inched closer to bear market territory as a wobbling economic recovery, intensifying geopolitical tensions, and a weaker yuan keep investors away.

The Hang Seng China Enterprises Index (HSCEI) slumped as much as 0.8% in a volatile morning session yesterday, taking its losses from a Jan 27 peak to more than 19%.

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