Market Extra: Hang Seng nears bear market as China manufacturing slows; JPMorgan says ‘the consumer might not get stronger.’
One of the biggest stock markets for Chinese companies teetered on the edge of a bear market on Wednesday, following more bleak data from China, the Asian growth engine. Hong Kong’s Hang Seng Index HK:HSI finished 1.9% lower at 18,234.27 — a 19.6% drop from its closing high of 22688.90 on January…
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