Hang Seng Index Plunges Over 1,000 Points on the First Trading Day After CCP’s Congress; Chinese Stocks Collapse

Started by Epoch-Times-Bot, Oct 24, 2022, 11:30 PM

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Epoch-Times-Bot

Oct 24, 2022, 11:30 PM
Hang Seng Index Plunges Over 1,000 Points on the First Trading Day After CCP's Congress; Chinese Stocks Collapse

On Monday, Oct. 24, Hong Kong and China stocks dropped, reversing the upward trend of U.S. stocks’ on Friday, Oct 21. South East Asia stocks also plunged on Oct 24, in strong contrast to the performance of the global market. The Hang Seng Index plunged by more than 1,000 points, and the Shenzhen Composite Index and Shanghai Composite Index fell by more than two percent. While Australian and South Korean stocks closed higher by more than one percent, Taiwan stocks' increase narrowed to 0.3 percent, as the market is worried that the tension between Taiwan and China will be further heightened after the CCP's 20th Congress. India also traded up by almost one percent....

Source: Hang Seng Index Plunges Over 1,000 Points on the First Trading Day After CCP's Congress; Chinese Stocks Collapse

xenzol

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Jun 08, 2024, 12:05 AM

xenzol

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Aug 08, 2024, 09:23 PM
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