SHANGHAI: Analysts say Hong Kong’s position as a chip in the trade war is unhelpful for sentiment in the city’s stock market, though it’s unlikely to create panic for now.
China renewed threats to retaliate after the U.S. Senate unanimously passed a bill aimed at supporting Hong Kong protesters that added to the risk-off sentiment in Asian markets Wednesday. The reaction was relatively tame in Hong Kong, where shares dropped 0.8% after surging in the past two days.
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