Hong Kong stock market plunges most since ’97 crisis amid tariffs panic | Financial Markets News

Benchmark Hang Seng Index plunges as much as 13.74 percent in horror day for Asia’s markets.

Hong Kong’s stock market has suffered its steepest single-day decline in nearly three decades amid a wave of panic selling brought on by United States President Donald Trump’s tariff announcements.

The benchmark Hang Seng Index closed down 13.22 percent on Monday, after plunging as much as 13.74 percent during the day.

It was sharpest plunge for Hong Kong stocks since the index tumbled 13.7…

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News Source: www.aljazeera.com

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