An electronic board showing the stock prices at a securities brokerage house in Beijing on November 21, 2018. Photo: EPA-EFE

China, Hong Kong stock markets buoyed by trade hopes, dismiss data showing slower GDP growth on mainland

  • Traders expected China’s quarterly GDP to rise by 6.4 per cent, so were unfazed
  • Instead, traders focused on sense of progress toward ending US-China trade war
Topic |   Stocks

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An electronic board showing the stock prices at a securities brokerage house in Beijing on November 21, 2018. Photo: EPA-EFE
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Image showing the stock market taken at the HKEX (Hong Kong Exchanges and Clearing Limited) Connect Hall in Central on August 24, 2018. Photo: Sam Tsang

Hong Kong’s recent mysterious US$4.8 billion stock plunge underscores risk in world’s 4th-largest equity market

  • 10 shares plummeted as much as 81 per cent for no clear reason last week
  • The swings should concern investors sitting in London or New York because some of these shares are included in global benchmarks
Topic |   Stocks

TOP PICKS

Image showing the stock market taken at the HKEX (Hong Kong Exchanges and Clearing Limited) Connect Hall in Central on August 24, 2018. Photo: Sam Tsang
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