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Hong Kong Plunges

By: Decomposed in ROUND | Recommend this post (0)
Mon, 03 Oct 11 5:43 AM | 105 view(s)
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Market Pulse Archives

Oct. 2, 2011, 9:43 p.m. EDT

Hong Kong stocks crash in early trading

By Michael Kitchen LOS ANGELES (MarketWatch) -- Hong Kong stocks fell steeply in early Monday trading, with financials and resources helping lead the sell-off, as reports said Greece's new budget will fall short of austerity targets. The benchmark Hang Seng Index plunged 3.3% to 17,017.81 in the early minutes, briefly dropping below the 17,000 level. The Hang Seng China Enterprises Index nosedived 3.9%, while mainland Chinese markets were closed for the week for national holidays. European concerns helped weigh on financials...

http://www.marketwatch.com/story/hong-kong-stocks-crash-in-early-trading-2011-10-02




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