Day: July 9, 2015

Making sense of the Hong Kong collapse

It was a tumultuous day on July 8th in Hong Kong. The 5.8 percent collapse in the Hang Seng Index marked the sharpest one-day fall in the equity index since 2008. Meanwhile, on the Chinese Mainland, the country’s casino-like stock market continued its roller-coaster ride. Chinese Mainland equities have lost more than US$3.5 trillion value […]