
Hong Kong’s stock market plunged on Monday along with others in the region after US President Donald Trump’s decision to impose hefty tariffs on the country’s trade partners rocked the world’s economic order.
The city’s benchmark Hang Seng Index suffered its largest single-day loss since 1997, falling 3,021 points to 19,828, its lowest level since January 23.
Financial Secretary Paul Chan Mo-po will meet the press at 6.15pm to talk about how Hong Kong will cope with the trade crisis and the stock market slump.
Reporting by Denise Tsang, Emily Hung, Alfred Lam and Jess Ma.
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