Hang Seng Index Falls 3% to Lead Asia Losses

Global Markets19 days ago

Investors in Hong Kong saw the region's deepest equity losses on Oct. 2 after returning from a public holiday. The Hang Seng Index fell 3% in early trading, marking the steepest drop among major Asian benchmarks as markets reacted to a surge in US yields and dissatisfaction with China's latest stimulus measures.

The downturn follows a period of regional volatility where market participants have grown increasingly critical of the scale of economic support provided by Beijing. Regional shares remained under pressure as higher US Treasury yields shifted investor sentiment away from emerging assets.

Mapped to your portfolio

Possible scenarios

38%Selloff Extends-0.9%
27%Policy Support Stabilizes+0.7%
20%Rates Shock Deepens-1.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Hang Seng Index Falls 3% to Lead Asia Losses

In this story

Hang Seng Index Hong Kong China United States Asia

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

38%Selloff Extends-0.9%
27%Policy Support Stabilizes+0.7%
20%Rates Shock Deepens-1.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.