Hong Kong Stocks Slump, Catching Up to Coronavirus Fears

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Hong Kong-listed stocks dropped sharply on their first trading day after the Lunar New Year break

The benchmark Hang Seng Index was down 2.9% Wednesday afternoon, catching up to a slide in global markets that took place earlier in the week. Markets in mainland China remain closed for the Lunar New Year holiday; they are scheduled to reopen next week.

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Will be more social media use and home shopping is all.

economic speculation involving China and POTUS

Guess its almost Dawn there. Good Morning early NYC. There wasn't a cloud here in South mid. Louisiana Yesterday.

China has been a cesspool for disease. The world community needs to apply pressure and in some instances funds. Root out the causes and help countries without resources. China is a country with resources. Their focus is too much on outside opportunity not enough on its people

Until the NEXT outbreak. Reckless & Cruel human activity set it loose, killing animals everywhere, caging them in horrifying conditions for markets; disrupting ecosystems, shaking viruses loose from their natural hosts, forcing viruses to seek a new host (=us). Wake up China

This virus has gotten out of hand. No wonder there are some economic consequences

Buying opp

I wonder why?

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Source: Reuters - 🏆 2. / 97 Read more »