Hang Seng records worst quarter in four years

Business | 15 Nov 2019 5:39 pm

The Hong Kong stock market underwent a sharp correction in the third quarter, the government said today.

The unrest combined with the Sino-US trade tensions and softening global economic growth, significantly dampened investment sentiment.

The Hang Seng Index slid by 8.6 percent from end-June to 26,092 at end September, the largest quarterly loss since the third quarter of 2015. On November 14, the HSI closed at 26 324.

 

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