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Hang Seng fall 1.9% after protests

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Capital Market
Headline equities of the Hong Kong financial market declined sharply on heavy trade on Monday, 29 September 2014, dragging the benchmark Hang Seng Index 449.20 points or 1.9% down to finish at 23229.21, hit by the worst unrest since China took back control of the former British colony two decades ago.

The selloff came after the launch of the long-awaited Occupy Central movement, which triggered large scale conflicts between the police and protesters. Pro-democracy protesters vowed to press ahead with demonstrations unless Hong Kong's top official steps down, with thousands of people surrounding government offices after violent clashes paralyzed the city center.

 

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First Published: Sep 29 2014 | 4:16 PM IST

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