Hong Kong stocks dive as protests rumble, China anger builds

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HONG KONG: Hong Kong stocks tumbled on Tuesday (Aug 13) as protests that have jolted the city for more than two months fuel political and economic ...

That came a day after China described violent protests as"terrorism", which analysts said raised concerns among investors.

Losses were across the board, with carrier Cathay Pacific shedding more than 4 per cent as it was hit by the cancellation of several flights.banned airline staff supporting Hong Kong protesters MTR Corp, which runs the city's subway network that has seen a number of high-profile violent clashes between protesters and police, was down 3.14 per cent.

There were also big losses for property giants. Sino Land shed almost 2 per cent, Henderson Land fell 1.6 per cent and New World Development was off more than 1 per cent.

 

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