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Hong Kong stocks slip
Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
Wall Street held firm even though stock markets around the world sank following scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks tumbled 9.4% in Hong Kong for their worst day since the 2008 global financial crisis.
Hong Kong Stock Market Suffers Biggest Single-Day Drop Since 2008
A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng index fell by -2172.99 (-9.41 percent) on Tuesday. The drop followed an announcement on Tuesday by China's economic planning agency that outlined details of measures aimed at boosting the economy but refrained from major spending initiatives.
Hong Kong Stocks Fall Most Since 2008 as China Stimulus Trade Fizzles
China is back to work after the fall "Golden Week" holiday, and the sheen is coming off a recent market rally. A briefing from the country's top economic planner, the National Development and Reform Commission,
14h
on MSN
China’s Stock Market Tumbles on Doubts About Government Stimulus
China’s Finance Ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal ...
1h
on MSN
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan ...
1d
China's stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a ...
23h
Hong Kong Dollar Funding Costs Slip as Local Stock Frenzy Fades
A gauge of interbank borrowing costs in Hong Kong dropped for the first time in 13 sessions as local stocks retreated ...
22h
on MSN
Stock market today: Wall Street holds steady as Shanghai stocks suffer worst drop since early COVID
Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' ...
19h
China's stock rally hits speed bump as investors await more stimulus
Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, ...
Republic Business on MSN
1d
China stocks fall sharply, set to snap winning streak
Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed ...
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