Hong Kong shares fall as China prepares new security laws
Hang Seng drops to a seven-week low on fears US-China confrontations will increase
22 May 2020 - 08:08
Tokyo — Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after 2019’s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating US-China ties.
Hong Kong’s Hang Seng index fell 3.7% to a seven-week low, helping to pull down MSCI’s broadest index of Asia-Pacific shares outside Japan 1.2%...
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