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Hong Kong stocks plunge more than 1,100 points as collapsing oil market adds to the woes of a widening coronavirus outbreak | South China Morning Post
Hang Seng Index plunges by as much as 4.3 per cent, in its biggest one-day decline in more than two years
Stock indexes tumble in Asia, from Seoul to Wellington; Alibaba sees worst fall since Hong Kong secondary listing on November 26
The benchmark stock index of Asia’s third-largest financial market posted its biggest percentage drop in more than two years, as plunging oil prices added to the weight of a spreading coronavirus outbreak in driving more investors to clear their holdings.
The Hang Seng Index fell 4.2 per cent at its close to 25,040.46, bring its decline to 11.2 per cent for the year. Hong Kong’s stock rout spilled over to every other major Asian market, with benchmarks slumping from Seoul to Wellington.
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Buy precious metals.
Hang Seng Index plunges by as much as 4.3 per cent, in its biggest one-day decline in more than two years
Stock indexes tumble in Asia, from Seoul to Wellington; Alibaba sees worst fall since Hong Kong secondary listing on November 26
The benchmark stock index of Asia’s third-largest financial market posted its biggest percentage drop in more than two years, as plunging oil prices added to the weight of a spreading coronavirus outbreak in driving more investors to clear their holdings.
The Hang Seng Index fell 4.2 per cent at its close to 25,040.46, bring its decline to 11.2 per cent for the year. Hong Kong’s stock rout spilled over to every other major Asian market, with benchmarks slumping from Seoul to Wellington.
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Buy precious metals.
