Rolling coverage at the latest economic and financial news, as the UK’s trade deals with Australia and New Zealand come into effect since midnight
Following the fall in China’s factory output this month, Hong Kong’s Hang Seng share in index is down over 2% today:
The Hang Seng index is 20% below its January peak – approaching what is considered a technical bear market, reports CNBC, adding:
Analysts had initially expected China’s economy to recover faster and earlier than expected, but that view quickly faded after the country continued to deliver disappointing economic data.
Continue reading…
