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Hong Kong Stocks Fall Most Since 2008
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 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,
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.
2h
Hong Kong’s economic woes are killing off chains. Which ones have shut in recent years?
CR Care and Garrett Popcorn Shops join growing list of chains exiting market or closing down, as retail and dining landscape ...
17h
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 ...
3d
on MSN
Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China
Glance up while strolling through parts of downtown Hong Kong and, chances are, you’ll notice the glassy black lens of a ...
1d
Hong Kong: Key Link Between Mainland China And The Middle East
Hong Kong stands to benefit from strengthening Sino-Arab ties, drawing family offices and investors from the Middle East.
1d
Banks Tap Hong Kong’s Discount Window for Most Funds Since 2019
Hong Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a ...
Food Safety News
1d
Inspector in Hong Kong admits stealing food samples
A health inspector in Hong Kong has pled guilty to stealing food samples. The Independent Commission Against Corruption (ICAC ...
7d
on MSN
Walz misleadingly claims to have been in Hong Kong during period tied to Tiananmen Square massacre
Multiple news reports indicate that Democratic vice presidential nominee Minnesota Gov. Tim Walz misleadingly claimed he was ...
6d
Hong Kong sees challenges for the retail sector as August sales fall 10%
Hong Kong's August retail sales fell 10.1% from a year earlier, government data showed, reflecting a relatively strong Hong ...
7h
155 bus routes to be affected as 6,000 riders hit roads in Hong Kong Cyclothon
Hong Kong’s biggest cycling event will affect more than 150 bus routes, with some major roads and tunnels also closed, when 6,000 riders hit the streets on Sunday.
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