Hong Kong’s Hang Seng market continues to be the armpit of the financial world.It fell another 1.8%, more than erasing the previous day’s gains.
Thanks to a combination of slowdown and (shadow) banking fears in China, stocks there have been getting creamed.
It was also rough for the HK-listed Macau gaming stocks, which have been ultra-betas lately.
- Sands China -3.7%
- SJM Holdings -5.7%
- Wynn Macau -3.8%