Hong Kong’s $2.1 Trillion Benchmark Stock Index Tips Into Bear Market

By Anonymous

The city’s shares are another victim of the global selloff driven in part by trade tensions

Hong Kong’s stocks fell into a bear market Tuesday, another casualty of an international selloff driven by trade tensions, a stronger dollar and worries about the resilience of developing economies.

It is the latest sign that stocks around the world are feeling the pressure of the trade fight, exposing the global market’s fragility to the sparring between the U.S. and major trading partners in Europe and Asia.