News Snapshot:
As China shatters confidence, Hong Kong’s mixed Asian trade suffers. Investors kept a wary eye on China following its latest crackdown on a range of industries, and Asian markets were mixed Tuesday, with confidence at a premium after the previous day’s sell-off. Hong Kong suffered another hefty loss as investors kept a wary eye on China following its latest crackdown on a range of industries. The announcement of new laws on the tutorial industry, which has destroyed private education organizations, as well as more steps against internet firms and new rules for property and food delivery companies, has traders worried...
