Stock price tickers outside the Exchange Square complex in Central, Hong Kong. Photo: Bloomberg
Stock price tickers outside the Exchange Square complex in Central, Hong Kong. Photo: Bloomberg

Tencent, Chinese developers slide as rampant bears maul Hong Kong stocks like it’s 2008 recession all over again

  • Local stocks erased gains the British pound snapped a two-day gain and the EU proposed new sanctions on Russia
  • The Hang Seng Index has lost 14 per cent this month, setting it up for a fifth straight quarter of losses mirroring peak pessimism in 2008

Stock price tickers outside the Exchange Square complex in Central, Hong Kong. Photo: Bloomberg
Stock price tickers outside the Exchange Square complex in Central, Hong Kong. Photo: Bloomberg
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