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Hang Seng Index snaps three-day winning streak with Tencent and AAC Tech leading the decline

  • Macau casino operators on a roll with all major players making gains 
  • Tencent sinks below HK$400 just a day after finishing at an 18-month high 
Topic |   Stocks Blog
A woman walks by a money exchange shop in Hong Kong. Last night, the administration of President Donald Trump removed its designation of China as a currency manipulator. Photo: AP Photo
INTRODUCTION

Good day, traders,

The Hong Kong and China markets were unable to maintain the initial momentum provided by overnight gains on Wall Street and the US Treasury removing its designation of China as a currency manipulator.

Here's how the day's trading unfolded.

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Zhang Shidong in Shanghai and Srinivasan Iyer in Hong Kong

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard.  It is subject to our T&C.  SCMP (as defined in 
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) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.

 

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