Hong Kong: Stocks tumble as city hit by protests

The Business Times | Jun 12, 2019 at 12:00 AM
  • Stocks sank in Hong Kong as the city was hit by huge protests that saw tens of thousands of people block key roads, businesses shut up shop and unions encourage members to miss work.
  • HSBC shed more than one per cent, while Standard Chartered, Hang Seng Bank and Bank of China Hong Kong were around two per cent lower.
  • Among other firms, market heavyweight Tencent sank 2.2 per cent, while AAC Technologies shed 4.70 per cent and New World Development dived 3.93 per cent.