China crackdown on HK weighs …

China crackdown on HK weighs on Asian equities

Bangkok Post | 2020-05-23 00:06

Recap: Most Asian stock markets fell on Friday as Sino-US tensions were exacerbated after China said it would impose new national security legislation on Hong Kong following last year's pro-democracy unrest. The SET index moved in a range of 1,283.60 and 1,333.25 points this week before closing down 16.72 points yesterday at 1,303.97, a gain of 1.8% from the previous week, in daily turnover averaging 67.42 billion baht a day. Retail investors were net buyers of 3.96 billion baht, institutional investors bought 6.3 billion and brokerage firms purchased 655.8 million worth of shares. Foreign investors were net sellers of 10.96 billion baht. Newsmakers: US President Donald Trump attacked the World Health Organization as a Chinese "puppet" and confirmed he is considering slashing or cancelling US support. He also lashed out at China for "mass worldwide killing" and floated the idea of ga…