Financial News
Written by: Huang Jie
2020-08-08 10:32
Last update date: 2020-08-08 10:35The United States announced sanctions on Chinese and Hong Kong officials, including Chief Executive Carrie Lam Cheng Yuet-ngor. After the list was released, the Hang Seng Index fell by more than 300 points at night, and the bill closed at 24,342 points, which was 190 points lower.
The U.S. Department of the Treasury announced at about 10 pm Hong Kong time last night that 11 relevant Hong Kong and Mainland officials have been sanctioned because of Hong Kong’s enactment of the "Hong Kong National Security Act", including Hong Kong Chief Executive Carrie Lam, Secretary of Justice Zheng Ruohua, Director of the Liaison Office Luo Huining, and Guoan The Director of the Office of the Commissioner Zheng Yanxiong and others, actions include freezing their property and interests in the United States.
As soon as the news came out last night, the night market was once low by nearly 300 points, and the offshore renminbi once fell 0.44% to as low as 6.9744.
U.S. sanctions