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