Hong Kong, typhoon hits the city with winds up to 10o km / h

The impressive images of the metropolis completely invaded by water LaPresse / CorriereTv Rogue waves, heavy rains and totally flooded roads. On Tuesday 11 October, Typhoon Kompasu struck the city of Hong Kong, causing a violent flood in the Asian metropolis. To protect the safety of citizens, the authorities were forced to close the stock […]

Asia / Pacific equities: Harsh losses in Hong Kong

TOKYO / HONG KONG / SHANGHAI / SYDNEY (dpa-AFX) – The moderate recovery rally of the US stock exchanges on Friday usually did not arrive in the Far East on Monday. Many of the most important indices in Asia came under pressure again – among other things because of new headlines about the real estate […]

This stock lost $80 billion.. What happened?

Shares of the electric car unit of China Evergrande Group in Hong Kong have collapsed, wiping out about $80 billion from its market value. Shares of its auto subsidiary China Evergrande NEV plunged as much as 22% Thursday after the parent company said the unit lost $740 million in the first half. The market value […]