Hong Kong Stocks Tumble Most in Asia Before Carrie Lam Briefing

(Bloomberg) — Hong Kong stocks fell before a briefing by the city’s senior officials, where they are expected to invoke emergency laws to ban mask wearing.The MSCI Hong Kong Index dropped 1.7% at 2:35 p.m. Property developers were the biggest losers, with Sun Hung Kai Properties Ltd. poised for the largest drop in two months. The Hang Seng Index slid 1.5% below the key 26,000 point level. Hong Kong’s markets are closed Monday for a holiday.Chief Executive Carrie Lam and her government officials will meet the press at 3 p.m. according to an official statement, which gave no reason for …read more

Source:: Yahoo Finance

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