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New security law on Hong Kong spooks Asian markets

Market watchers see greater market volatility ahead, with sentiments largely dependent on the White House response

Hong Kong bore the brunt of the selling, with the Hang Seng Index (HSI) down by 5.56 per cent after trading closed for the day on May 22.


OPTIMISM from the gradual reopening of global economies was shaken on Friday by news that the Chinese government plans to impose national security legislation on Hong Kong, sending regional markets into a tailspin.

A robust response can be expected from the United States...

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