Analytics

What Will Hong Kong’s Top Official Bring Home?

Hong Kong head Carrie Lam went to Beijing

Carrie Lam is Hong Kong’s most unpopular ruler. The reason being the passing of a bill allowing the extradition of suspects to mainland China, which was canceled under the pressure of mass protests.

Protracted rallies led to a sharp decline in business activity in Hong Kong, which affected the behavior of the Hang Seng stock index quotes. Now the situation is somewhat normal, but China is still expected to intervene in the internal affairs of autonomy.

It is possible that Lam will return home with personnel shifts in the cabinet of ministers of Hong Kong, dictated by Beijing. This decision may provoke new protests.

 

Assets Summary
Hang Seng Sell carefully
Related posts
Analytics

Weekly News 13.04.2020–17.04.2020

Introducing the most complete review of the upcoming week from analysts Olymp Trade It included both the news of the economic calendar and the world events that in one way or...
Analytics

News, Trends, & Analytics 26.03.2020

The US Senate has agreed on a stimulus package In addition to $2 trillion in direct aid, the Federal Reserve will now be able to provide $4 trillion in...
© 2014 - 2020 Olymp Trade. All Rights Reserved.