Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang
Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang

China stock market

Business /  Markets

Hang Seng Index takes a hit from bleak earnings outlook as investors worry over impact of protests on economy

  • On the mainland investors seek refuge in consumer stocks, sending liquor maker Kweichow Moutai above 1,100 yuan for the first time
  • Utilities, property and consumer staples take a hit in Hong Kong

Topic |   China stock market
Yujing Liu
Yujing Liu

Updated: 6:06pm, 22 Aug, 2019

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Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang
Dark clouds are hovering over Hong Kong’s economy in the form of bleak corporate earnings outlook and ongoing social unrest. Photo: Sam Tsang
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