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Hong Kong stocks hit an 11-year low after historic Fed rate hike

Por: CNN Business September 22, 2022

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Hong Kong (CNN Business)Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve and forecast even more hikes ahead, fueling concerns about a recession. The Hang Seng Index () fell as much as 2.6%, breaking below 18,000 points, before recovering slightly. It ended down 1.6% at 18,148, its lowest closing level since December 2011. Australia's S&P/ASX 200 index fell... + full article



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