Hang Seng Index plunges to 15-month low

Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube

Read more: https://sc.mp/acql

Hong Kong stocks continued to pile on losses from a three-week retreat on January 22, 2024. Persistently high US interest rates and investor disappointment with China keeping lending rates tied to mortgages unchanged, led to the Hang Seng Index shedding a further 2.3 per cent. Eugene Tang, managing editor of the Post’s Business desk, explains why and what to expect in the coming weeks.

Support us:
https://subscribe.scmp.com

Follow us on:
Website: https://www.scmp.com
Facebook:   / scmp  
Twitter:   / scmpnews  
Instagram:   / scmpnews  
Linkedin:   / south-china-morning-post  

#scmp #HongKong #HongKongStockExchange