Hong Kong: Kong and Hong

hong kong: One stock expert warned that Hong Kong's economy will be trapped in a vicious circle if the situation worsens, according to Global Times China. The Hang Seng Index slipped 2.85 percent to 26,151 points on Monday, the fourth consecutive day of losses. Photo IC Hong Kong's equity markets plummeted on Monday as civil unrest raged in the region and showed signs of escalation. Nearly 60 companies listed on the Hong Kong bourse fell by more than 10 percent, with energy shares leading the decline. Li Daxiao, chief economist at Shenzhen-based Yingda Securities, said that the plunge in Hong Kong's stock market was obviously abnormal. The Hong Kong stock market's downturn was largely caused by the chaotic and increasingly violent protests in Hong Kong in the past two months, Yang Delong, chief economist at Shenzhen-based First Seafront Fund Management Co, told the Global Times on Monday. (news.financializer.com). As reported in the news.