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Al Jazeera
Al Jazeera
Business
Erin Hale

In Hong Kong, decades of wealth gains evaporate on China’s watch

Hong Kong's stock market has failed to make gains since the territory's return to China [File: Tyrone Siu/Reuters]

Taipei, Taiwan – Like many Hong Kongers, accountant Edelweiss Lam spent the last week watching the city’s stock market wipe out 14 months of gains as the Hang Seng Index fell below the psychological threshold of 15,000 points.

It was not the first time Lam, who has been investing on and off in Hong Kong stocks since the late 1990s, had seen it happen.

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