Hong Kong stocks log third weekly loss amid souring US-China ties as Lenovo slumps on earnings misery
China fined US firms Lockheed Martin and Raytheon for supplying weapons to Taiwan as ties with Washington worsen Lenovo Group's first loss in almost three years suggests a weak recovery in China consumption-driven story Hong Kong stocks completed a third weekly loss amid concerns escalating US-China geopolitical spat will sap appetite for riskier assets. Lenovo Group slumped after a poor earnings report, suggesting a weak recovery in China's...
Source: msn.com