- MTR rises, says it expects HK$1.6 billion hit from protests
- Property stocks gain in Hong Kong
Happy Friday, traders!
Trade, trade, trade. It's driving market sentiment -- and we still have no clear answer. We are just over a week from the next set of US tariffs on Chinese goods going into effect on December 15.
MTR (66 HK) says the protests in the city have cost it HK$1.6 billion, and it warns it will see a significant decline in profits for the year. Protests are planned on Sunday.
The first week of December has so far seen losses for the Hang Seng, which declined 2.1 per cent in November in its fourth monthly decline in 2019.
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-- Deb Price and Snow Xia in Hong Kong
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