Hong Kong, China stocks slump as worries over Hong Kong dollar persist – MarketWatch

Zennie Abraham / Zennie62
Zennie Abraham / Zennie62

Hong Kong, China stocks slump as worries over Hong Kong dollar persist
MarketWatch
The firm has been underweighting Hong Kong stocks, expecting rising interest rates to increase local companies’ borrowing costs. Local interest rates are rising: Hong Kong’s one-month interbank lending rate, or Hibor, jumped back to 1% on Monday from 0

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Source:: Hong Kong News By Google News

About the Author

Zennie Abraham
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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