Declining Hong Kong stock impacted by US-China trade friction and civic protests August 13 12:23
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The stock market in Hong Kong on the 13th has fallen due to concerns about the economic impact of protests that are intensifying in addition to trade disputes between the US and China, and stock prices have dropped.
Due to confusion over protests at Hong Kong International Airport and concerns over trade disputes between the United States and China, in the Hong Kong market on the 13th, the Hang Seng Index, a representative stock price index, dropped immediately after the start of trading. At 11:30, it was about 1.2% lower than the closing price on the 12th.
Market officials said, “In addition to trade disputes between the United States and China, concerns about the negative effects on the economy caused by the widespread disruption, such as a large number of canceled flights at Hong Kong International Airport due to civil protests over the proposed amendment to the ordinance. Is also getting stronger. "
Also, in other Asian stock markets, stock prices dropped in various places due to concerns about trade friction between the United States and China, falling about 0.8% in Singapore compared to the closing price on the previous trading day, and in South Korea and Taiwan. It is about 0.6% lower.