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RSS FeedsProtests and trade war wipe $50 billion off Hong Kong real estate stocks
(WorldNews China)

 
 

14 august 2019 23:20:28

 
Protests and trade war wipe $50 billion off Hong Kong real estate stocks
(WorldNews China)
 


Hong Kong (CNN Business)Weeks of pro-democracy protests in Hong Kong are battering shares in the city`s property developers and pushing its benchmark stock index closer to a bear market. About 446 billion Hong Kong dollars ($56.9 billion) has been wiped off the market value of the nine largest Hong Kong real estate companies since April, according to data from Refinitiv. Hong Kong's billionaires are calling for order to be restored The Hang Seng Properties Index, which tracks a bigger pool of real estate developers...


 
17 viewsCategory: General > Asia > China
 
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