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China, Hong Kong markets fall after protests, start of new STAR technology board in Shanghai

South China Morning Post

發布於 2019年07月22日04:07
  • Sunday protests in Hong Kong end with brutal attack on demonstrators at a train station
  • Hang Seng, Shanghai open lower 
A Chinese investor uses a mobile phone to check a rare earths company's stock price at a securities brokerage house in Beijing in June. EPA-EFE
A Chinese investor uses a mobile phone to check a rare earths company's stock price at a securities brokerage house in Beijing in June. EPA-EFE

Welcome to a fresh week, traders.

China's new STAR technology board, which started trading today, is living up to expectations that it will turn into a hotbed for speculators.

The end of Sunday's tense protests ended in violence, with rod-wielding attackers beating demonstrators at a Hong Kong railway station. The protests are weighing on business sentiment in the city, hurting some retail sales, discouraging some Chinese tourists to come, and prompting some foreign investors to think about Hong Kong's long-term stability and attractiveness.

Meanwhile, some Chinese companies want to buy US agricultural products and have asked for for exemptions from the tariffs imposed on them by Beijing, state media reports.

And over the weekend, China lifted some restrictions on foreign investment in the financial sector, one year earlier than planned.

We'll keep you up on what's happening in mainland and Hong Kong markets. Have some feedback on how we can improve our live blog to make it your must-read every trading day? Please send your thoughts and questions to deb.price@scmp.com .

" Yujing Liu and Deb Price in Hong Kong

Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.

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