Hong Kong Stocks End The Week In A Rout As China's Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend
Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets.
Investors also focused on bank earnings next week which they expect to be lower due to tightening margins. China’s Central Bank pumped a record stimulus into the banking system to keep short-term prime loan rates steady amid the recent credit woes.
