- Pick Chinese consumer, internet and 5G stocks in 2020, UBS says
- If Trump signs pro-democracy bill, as expected, it could upend progress on mini trade deal
Good day, traders --
US President Donald Trump is expected to sign the Hong Kong Human Rights and Democracy Act, according to a Bloomberg report, citing a person familiar with the matter. On Wednesday, Beijing warned that it would take "strong countermeans … if the US insists on making the wrong decisions" on the legislation. This sets up a likely collision course that could upset the phase one trade deal that is in the works.
The protests were relatively calm Wednesday and cleanup is under way.
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-- Deb Price and Georgina Lee in Hong Kong
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