Hong Kong Stocks Battered Again as China's Regulatory Storm Rages

Hong Kong shares plunged more than 5% on Tuesday, extending the previous day's hefty losses, as China's regulatory crackdown took its toll on a range of industries including private education and technology. The Hang Seng Index tumbled more than 5% at one point before ending down 4.22%, or 1,105.89 points, at 25,086.43 - having lost a similar amount on Monday. It has now given up almost 10% in three trading days. Mainland markets fared only a little better. The benchmark Shanghai Composite Index sank 2.49%, or 86.26 points, to 3,381.18, while the Shenzhen Composite Index on China's second exchange shed…