Hang Seng Index drops more than 5% as tensions flare up again between China and the West - News Summed Up

Hang Seng Index drops more than 5% as tensions flare up again between China and the West


× Loading&hellp; {{title}} {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}} {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}{{html}} Thanks for being a subscriber. Hong Kong's Hang Seng Index dropped more than 5% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. The news — which could be the biggest blow to Hong Kong's autonomy since its handover to China in 1997 — also further stoked tensions between China and the United States. "Overhanging this, are concerns that China and the United States are about to engage in a new round of trade wards. In all honesty, the timing could not be worse by China."


Source: Daily Sun May 22, 2020 04:41 UTC



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