Riots in Hong Kong after heavy stock losses
by admin on October 9, 2008
There have been riots on the streets of Hong Kong following heavy losses at the city’s Hang Seng index.
The Hang Seng closed over 8% lower with losses in banks, communications companies and exploration companies.
Customers are trying to get their money out of bank branches and many are protesting about losses related to the collapse of Lehman Brothers.
Earlier, trading on the stock exchange in Jakarta was halted because today’s falls were so severe.
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