October 24, the trade week on the Hong Kong Exchange began with the collapse of the quotes. The Hang Seng index fell by 4.73%, to the mark of 15,444, follows from the site.
This happened in the first hour of work. Most of all were lost by assets from high -tech sectors. On 6.7%, the securities of the Chinese giant of the Internet trade Alibaba have fallen in price. 6% worsened the positions of one of the leaders in the field of telecommunications and the development of online games of the Tencent Corporation.
Experts cannot yet explain such a sharp fall. Some suggest that this is due to large personnel permutations in the Communist Party of China.
According to a group of experts, this may also be due to the prospect of tightening control over private business in China from the new party composition.
Hang Seng index is the main index of the Hong Kong stock exchange. It is calculated as the average balanced value of the largest shares of 34 joint -stock companies Hong Kong, which account for 65% of the total capitalization of the Hong Kong stock exchange.