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Home / News / Geopolitics

Hong Kong assets turn toxic as trade war, protests cloud outlook

Geopolitics

Hong Kong assets turn toxic as trade war, protests cloud outlook

Bloomberg Published on Thu, Aug 08, 2019 / 8:00 AM GMT+8

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SINGAPORE (Aug 12): Investor anxiety is visible just about everywhere in Hong Kong’s markets as recession warnings and escalating protests strain sentiment to breaking point.

While most of the world recovered on Aug 6 from a renminbi-induced meltdown, Hong Kong saw the biggest spike in interbank rates in more than a decade, the longest stretch of equity declines since 1984 and the wildest stock swings in four years.

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