Hong Kong stocks had a nasty fall, but mainland shares fell even more. Here, a stock investor looks at a stocks board in Hangzhou, Zhejiany province, China on February 3, 2020. In China, green signals losses, while red means gains. Photo: EPA-EFE/CHINA OUT
Hong Kong stocks had a nasty fall, but mainland shares fell even more. Here, a stock investor looks at a stocks board in Hangzhou, Zhejiany province, China on February 3, 2020. In China, green signals losses, while red means gains. Photo: EPA-EFE/CHINA OUT
Business /  Markets

Hong Kong, China stocks tank as Beijing closes US consulate in Chengdu, the ‘last straw’ for spooked investors

  • Shenzhen stocks plunge 5 per cent, while Hong Kong’s Hang Seng tumbles 2.2 per cent
  • One analyst says bad US jobs news and China tightening trend makes consulate closing ‘last straw’ for worried traders

Martin ChoiDeb Price
Martin Choi and Deb Price

Updated: 6:43pm, 24 Jul, 2020

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Hong Kong stocks had a nasty fall, but mainland shares fell even more. Here, a stock investor looks at a stocks board in Hangzhou, Zhejiany province, China on February 3, 2020. In China, green signals losses, while red means gains. Photo: EPA-EFE/CHINA OUT
Hong Kong stocks had a nasty fall, but mainland shares fell even more. Here, a stock investor looks at a stocks board in Hangzhou, Zhejiany province, China on February 3, 2020. In China, green signals losses, while red means gains. Photo: EPA-EFE/CHINA OUT
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