Hong Kong stock market closes at -2.32% with Evergrande liquidation. Hang Seng index, with investors attentive to the impacts of the decision on the real estate sector and the financial sector, loses 2.32%.
Chinese stock markets burned all the gains of last week and closed at intraday lows in the aftermath of the liquidation ordered by the Hong Kong High Court against Ever grande. The Shanghai Composite index lost 1.83%, to 2,830.53 points, while that of Shenzhen lost 2.70%, to 1,593.12.