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Big gains for Hang Seng; closes up 2.2%

Aug. 19, 2019 3:23 AM ETiShares MSCI Hong Kong ETF (EWH), FHK, FLHKEWH, FHK, FLHKBy: Yoel Minkoff, SA News Editor6 Comments
  • Hong Kong is gearing up for more protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes.
  • The scenes showed that the movement is far from fizzling out, triggering fears about retail, tourism and business confidence, as well as worries over the city's stock and property markets.
  • The Hang Seng index still rose 2.2% overnight following a healthy lead from Wall Street and key interest rate reforms from the People's Bank of China.
  • ETFs: EWH, FHK, FLHK

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