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Risk off as US Senate passes Hong Kong bill
The US Senate passed its Hong Kong Human Rights and Democracy Act after the market close last night, prompting retaliatory comments from both Hong Kong and China today resulting in a risk-off feel to trading during the Asian session. Hong Kong says stop meddling In response to the US Senate passing the bill, the Hong Kong government came out and said it was ungrounded and unnecessary, adding that foreign governments should not interfere in internal affairs. The response from China was similar in nature, with the Chinese foreign ministry reiterating that it will retaliate if the bill is passed and urged the US to take ... (full story)
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