Hong Kong's shares tumbled Monday and the local dollar hit a six-month low against the greenback as pro-democracy protests brought parts of the city to a standstill with with many schools, businesses and banks shut down
29.09.2014
(AFP) Hong Kong's shares tumbled Monday and the local dollar hit a six-month low against the greenback as pro-democracy protests brought parts of the city to a standstill with with many schools, businesses and banks shut down.
As demonstrators refused to back down on their demands for Beijing to grant the city universal suffrage, fears of a long stand-off saw investors sell off major banks including HSBC and Standard Chartered.