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Stock Market Hong Kong

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BUSINESS
May 25, 1989 | From Times wire services
The jittery stock market in Hong Kong plunged 8.5% today, closing sharply lower amid renewed market fears that blood may flow in Beijing. The major sell-off was the fourth tumble in five trading days. Hong Kong's main stocks indicator slipped 256.22 points to close at 2,752.51, despite rebounding to recoup some of its initial loss of more than 300 points. But the other Asian markets were not deeply concerned with the Chinese leadership crisis. "Hong Kong is famous for its overreactions," said Stephen Marcon of Peregrine Securities.
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CALIFORNIA | LOCAL
August 25, 1998 | TOM PLATE, Times columnist Tom Plate teaches in UCLA's policy and communication studies programs. E-mail: tplate@ucla.edu
This, the most open economy in Asia, even the world, is now struggling to escape imprisonment by speculators with a David versus Goliath strategy that has raised eyebrows across the global financial establishment. Year after year this former British colony tops worldwide rating lists of economic market freedom.
BUSINESS
November 21, 1998 | RONE TEMPEST, TIMES STAFF WRITER
The long-standing rivalry between two of Asia's leading business capitals advances to a new level Monday when the Singapore Monetary Exchange begins offering futures contracts based on the Hong Kong stock market. Hong Kong officials labeled Singapore's move "predatory" and said it undermines new regulations Hong Kong has set up to combat speculators.
NEWS
June 15, 1997 | EVELYN IRITANI, Times Staff Writer
Patrick Wang had just about decided to build a new factory in Thailand when a business acquaintance persuaded him to make a trip across the border into China to the village of Shajing. Wang, a leading Hong Kong manufacturer, was not prepared for the poverty that greeted him. Young children ran around bare-bottomed, and the villagers lived in dirt-floor huts. But his skepticism faded when he asked the village chief why he should invest money there.
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