Around the World's Markets: Hong Kong

Monday 26 July 1999 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

STOCKS CLOSED lower as fears of higher US interest rates and last- minute concerns over banks' bad debt weakened a jittery market. The benchmark Hang Seng index closed down 227.18 points or 1.74 per cent at 12,866.52.

With nothing new to focus on, investors were selling bank shares ahead of the interim reporting season, nervous about banks' bad debt levels and on fears of a US rate rise, traders said.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Around the World's Markets: Hong Kong

Join our commenting forum

Thank you for registering