Bloomberg on Nostr: nostr:note16m8606s2z9uea8x4dee0jktefxnxmh727rfcvdzen5uqpecfmnvqekn3dv

quoting note16m8…n3dv

Hong Kong and China Stocks Plummet on Strong US Jobs Data and Economic Concerns
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#133aea61 ver:1.27

Hong Kong and China stocks plummeted on strong US jobs data and economic concerns. Hong Kong's Hang Seng Index dropped 1.67% to a one-month low, while Chinese H-shares fell 1.68%. Mainland China stocks also saw significant drops. Investors are awaiting China's May credit lending data for economic insights. The decline was influenced by weak travel spending and concerns over the property sector. Geopolitical risks and the European Commission's decision on provisional duties also weighed on shares....

#newstr #HongKongStocks #ChinaStocks #UsJobsData #FederalReserveRateCuts #EconomicConcerns

https://here.news/story/133aea61?ver=1.27