Thursday, August 20, 2015

Chart of the Day: Hong Kong's Hang Seng Index Falls Into the Bear Market's Grip



After China, Hong Kong major equity benchmark, the Hang Seng Index (HSI) fell into bear market territory (20% loss from the highs) today. (chart from investing.com)

Will the HSI bounce from here? Or will this highlight the next phase of the HSI's next leg down? 

And will the rest of Asia follow? And if the latter does, will these signal Asian Crisis 2.0?

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