Hong Kong and China Stocks Plummet on Strong US Jobs Data and Economic Concerns
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#133aea61 ver:1.28

Hong Kong and China stocks plummeted on strong US jobs data and economic concerns. Hong Kong's Hang Seng Index dropped 1.67% to a one-month low, while Chinese H-shares fell 1.68%. Mainland China stocks also saw significant drops. Investors are awaiting China's May credit lending data for economic insights. The yuan weakened against the US dollar. Traders returned from a long weekend to find Chinese stocks slipping due to weak travel spending and concerns over the property sector. The CSI 300 Index and Hong Kong-listed Chinese shares were among the biggest decliners. Geopolitical risks and the European Commission's decision on provisional duties weighed on electric vehicle makers....

#newstr #HongKongStocks #ChinaStocks #UsJobsData #FederalReserveRateCuts #ShanghaiCompositeIndex 

 https://here.news/story/133aea61?ver=1.28