News Snapshot:
Hong Kong CNN Business — China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But Hong Kong’s Hang Seng (HSI) Index, a key gauge of overseas investor sentiment on China, tumbled at Monday’s open and headed for its biggest losses in more than seven months. China’s economy grew 3.9% in the third quarter from a year ago, beating market expectations, the National Bureau of Statistics announced on Monday. Previously, a Reuters poll of economists had expected growth of...
