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International Business Times
International Business Times
Business

'Everyone Is Losing Money': Hong Kong Investors Rattled By Market Rout

Pedestrians walk past an electronic sign board showing the closing price of the Heng Seng Index on April 7, 2025 (Credit: AFP)

Hong Kong small-time investors were left reeling on Monday as US President Donald Trump's punishing tariffs and Beijing's retaliation saw the city's stock market suffer its worst day in almost three decades.

The benchmark Hang Seng Index fell by 13.2 percent -- its biggest drop since 1997 during the Asian financial crisis -- as a wider selloff played out across in Asian markets also spurred by China's retaliatory levies.

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