Hong Kong Stocks Sink as Violent Unrest Hits City
Wednesday, 13 November 2019 15:41 WIB | MARKET UPDATE |Indeks Shanghai CompositeSahamHongkongHANG SENG

Hong Kong stocks plunged Wednesday as investors braced for further unrest following days of violent protests that have almost ground parts of the city to a halt, with police warning it was close to "total collapse".

After more than five months of standoffs, the demonstrations appear to have entered a much more violent phase.

And with the fighting showing no sign of easing, there are increasing worries about the outlook for a city known for its safety and ease of doing business, with police on Tuesday saying the rule of law was on "the brink of total collapse".

There are even whispers that Alibaba's plans for a share sale worth up to $15 billion in the city -- which reports said Wednesday were approved by regulators -- could be affected. The firm had already called off a summer listing owing to the protests and the China-US trade war.

The Hang Seng index sank 1.82 percent, or 493.82 points, to 26,571.46.

The benchmark Shanghai Composite Index ended 0.33 percent, or 9.58 points lower, at 2,914.82, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was marginally higher, adding 0.11 points to 1,614.30.

Source : AFP

RELATED NEWS

U.S. Stock Futures Sink Following Monday Strong Rally On Wall Street
Tuesday, 7 July 2020 16:25 WIB

Stock futures pulled back in early trading Tuesday after a solid rally on Wall Street to start the week. Futures on the Dow Jones Industrial Average indicated an opening drop of more than 250 points. S&P 500 futures and Nasdaq 100 futures also traded in negative territory. The overnight action...

Hong Kong Stocks End Down After Rally
Tuesday, 7 July 2020 15:26 WIB

Hong Kong stocks finished Tuesday with deep losses following a healthy four-day rally, though mainland Chinese shares extended their latest advances. The Hang Seng Index shed 1.38 percent, or 363.50 points, to 25,975.66. The benchmark Shanghai Composite Index rose 0.37 percent, or 12.46 points, to...

European Markets Fall as Investors Look to Economic Data and U.S. Virus Surge
Tuesday, 7 July 2020 14:55 WIB

European markets retreated Tuesday morning as concerns over the threat to economic recovery of new coronavirus cases in the U.S. and weak German data put the brakes on Monday™s rally. The pan-European Stoxx 600 fell 0.7% at the start of trading, banks shedding 1.5% as all sectors and major bourse...

Tokyo Stocks Close Down After Three-Day Winning Streak
Tuesday, 7 July 2020 13:40 WIB

Tokyo stocks closed lower Tuesday as investors locked in profits after three straight days in positive territory, while they were cautiously assessing the impact of deadly floods and landslides on local economies. The key Nikkei 225 index fell 0.44 percent, or 99.75 points, to 22,614.69 while the b...

Hong Kong Stocks Extend Rally at Open
Tuesday, 7 July 2020 08:54 WIB

Hong Kong stocks started with more gains Tuesday, having climbed more than six percent over the previous four sessions and following a surge on Wall Street. The Hang Seng Index rose 0.88 percent, or 231.92 points, to 26,571.08. The benchmark Shanghai Composite Index jumped 1.44 percent, or 48.07 p...

ANOTHER NEWS
Gold Retreats from Multi-Year Peak as Dollar Rebounds
Tuesday, 7 July 2020 19:13 WIB Gold fell on Tuesday in the face of competition from safe haven inflows into the dollar as COVID-19 cases increased globally and investors booked profits following bullion's rally to a near eight-year peak. Spot gold fell 0.4% to $1,776.43 per...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.