An investor looks at a stock quotation board at a brokerage office in Beijing, China January 3, 2020. Photo: Reuters
Hong Kong stocks enter correction phase as bears maul Tencent, US audit law puts Chinese firms at risk of expulsion from Wall Street
- Hang Seng Index has declined 10.2 per cent from its February 17 peak, Tencent slumps 20.9 per cent as correction, bear-market phase sets in
- MSCI benchmarks tracking Chinese onshore and offshore-listed stocks have slumped by 14 to 17 per cent from their peaks before Thursday
An investor looks at a stock quotation board at a brokerage office in Beijing, China January 3, 2020. Photo: Reuters
Corrected [12:51pm, 25 Mar, 2021]
- [12:51pm, 25 Mar, 2021]
Corrects changes in Tencent's market capitalisation in eighth paragraph
We are part of the Trust Project What is it?
