Asian crisis 1997 hong kong.


Oct 24, 1997 · A plunge in the Hong Kong stock market, touched off by an attack on the local currency, shook financial markets around the world yesterday. Stocks lost 10.4 percent of their value in Hong Kong ... If one issue has occupied the minds of Hong Kong people over the past five years it has been the state of the economy. The Asian financial crisis buffeted Hong Kong from late 1997 until the end of 1999. Jul 03, 2017 · Yes. Most of the economies in Asia had currency runs that saw some massive devaluations. By itself, Hong Kong would have been hit by the international banks that would have tried to sink the economy. HONG KONG: Hong Kong is facing its worst crisis since it returned from British to Chinese rule in 1997, the head of China's Hong Kong and Macao Affairs Office said on Wednesday (Aug 7), as more...