Chinese investors have dumped Hong Kong stocks at a record clip this month, as the city’s equity benchmark tumbled to its lowest in a year. Mainland investors sold net HK$25.4 billion of Hong Kong equities in August, the biggest monthly selling figure since China opened its first exchange link with the city in late 2014. It was obvious that the asian stocks would struggle for direction after investors assessed the latest developments on the Trump administration’s trade policies.
Submitted August 28, 2018 at 11:29PM by Cyberme4u https://ift.tt/2LzRVOr
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