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Just when we thought the STI was really bad. In the last 6 months, HSI has probably overtook STI as an index that went nowhere in the last decade.
Hong Kong: Battered stocks hit 11-year low
HONG Kong’s flailing stock market tumbled on Monday (Oct 3) to its lowest point in more than a decade as fears for China’s economy deepens this year’s investor rout.
The Hang Seng Index shed 0.83 per cent, or 143.32 points, to close at 17,079.51.
But crucially it crossed below the 17,000 level in the afternoon, touching a nadir not seen since October 2011 and the aftermath of the global financial crash and during the eurozone debt crisis.
https://www.businesstimes.com.sg/stocks/...1-year-low
Hong Kong: Battered stocks hit 11-year low
HONG Kong’s flailing stock market tumbled on Monday (Oct 3) to its lowest point in more than a decade as fears for China’s economy deepens this year’s investor rout.
The Hang Seng Index shed 0.83 per cent, or 143.32 points, to close at 17,079.51.
But crucially it crossed below the 17,000 level in the afternoon, touching a nadir not seen since October 2011 and the aftermath of the global financial crash and during the eurozone debt crisis.
https://www.businesstimes.com.sg/stocks/...1-year-low
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