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Hong Kong Stock Market Plunges After Xi's Power Grab

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  • Published On: October 25, 2022
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A day after China's Xi Jinping revealed his new leadership team in China, Hong Kong markets are tanking. Chinese President Xi Jinping's power grab has spooked investors and sparked a huge sell-off in Hong Kong. The Hang Seng China Enterprises Index, which measures Chinese stocks listed in Hong Kong, sank 6.4 per cent on Monday - the worst plunge after a Chinese Communist Party congress since 1994. NDTV's Parmeshwar Bawa reports.

 
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