Hong Kong Shares Plummet Amid Disappointing Economic Stimulus

Reported 2 months ago

Hong Kong's stock market experienced a significant decline, with the Hang Seng index dropping over 9% to 20,926.79, following disappointing economic stimulus announcements from Beijing. Other Asian markets also fell, impacting shares of major companies like Alibaba and Meituan. Despite earlier gains, investors were left disheartened as hopes for stronger recovery dwindled.

Source: YAHOO

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