Beijing’s dramatic plans to tighten its grip on Hong Kong spurred outrage in the city and abroad
The JSE was weaker on Friday along with its global counterparts with the Hang Seng dropping after reports suggested Beijing planned to institute new security laws in Hong Kong, and US-China hostilities also remaining a threat.
Beijing's dramatic plans to tighten its grip on Hong Kong spurred outrage in the city and abroad. Opposition legislators warned that its status as an international financial centre was in jeopardy as China announced an intention to “establish sound legal systems and enforcement mechanisms for safeguarding national security”.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World stocks fall as US-China tensions rise over Hong KongChina dropping its annual growth target added to concern about the fallout from the Covid-19 pandemic, boosting demand for safe-haven assets
Read more »
Hong Kong shares fall as China prepares new security lawsHang Seng drops to a seven-week low on fears US-China confrontations will increase
Read more »
Business Maverick: Asian Stocks Drop as Hong Kong Shares Lead Losses: Markets WrapAsian stocks slipped, with the bulk of losses coming in Hong Kong, as China announced plans to impose a national security law on the city, which threatened to further escalate tension between the U.S. and China. Treasuries edged higher.
Read more »
China parliament eyes Hong Kong national security law after unrestPro-democracy lawmaker Tanya Chan said Beijing had 'shown zero respect for Hong Kong people' by attempting to enact the law without consultation.
Read more »
China parliament eyes Hong Kong national security law after unrestPro-democracy lawmaker Tanya Chan said Beijing had 'shown zero respect for Hong Kong people' by attempting to enact the law without consultation.
Read more »
Rand weakens as US-China tension weighs on sentimentRisk appetite waned following reports that China plans to impose a new security law on Hong Kong 🔒
Read more »