Stocks blog: Chinese conglomerate Fosun falls in Hong Kong after collapse of British travel firm Thomas Cook

South China Morning Post Dipublikasikan 04.09, 23/09/2019
Stocks blog: Chinese conglomerate Fosun falls in Hong Kong after collapse of British travel firm Thomas Cook

Happy Monday, traders --

The outlook for Hong Kong stocks look a bit dim after the Hang Seng Index turned out to be the world's worst performing benchmark last week, losing 3.4 per cent.

The anti-government protesters stepped up the ante on Sunday, marking the 16th straight weekend of protests. It was the usual mix of vandalising MTR stations, blocking roads, setting fire to barricades and desecrating the Chinese national flag.

The police responded with firing tear gas and rubber bullets at protesters and making several arrests.

Let's hope the market does not take much notice of the weekend mayhem and traders focus on the fundamentals instead.

We have you covered in mainland and Hong Kong markets.

If you would like to receive the Live Stocks Blog each morning via email, shoot Deb a message at deb.price@scmp.com.

-- Louise Moon and Srinivasan Iyer in Hong Kong

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