Mainland China and Hong Kong stock markets fell slightly on Thursday (October 24), because investors became cautious and weighing the potential impact of the upcoming US presidential election.
According to Reuters, as of the afternoon, the Shanghai Composite Index fell 0.5%to 3286.17 points, and the CSI 300 index fell 0.8%.As for Hong Kong, the Hang Seng China Enterprise Index fell 1.24%to 7385.8 points, and the Hang Seng Index fell 0.99%to 20555.04 points.
Investors and analysts said that the bets that Trump may be re -elected as president has continued to increase, and the threat of trade tariffs has risen, which has suppressed market emotions.
Christopher Wong, a foreign exchange strategist of Overseas Chinese Bank, said that in the gaming market, Trump's winning percentage is far more than Harris.Pu in the election may exacerbate Sino -US trade tensions and bring some uncertainty to the market. "
The Lukang stock market continued to fall when the opening in the afternoon.As of 1:53 pm, the Shanghai Stock Exchange Index fell 1%, the CSI 300 Index fell 1.37%, and the Hang Seng Index fell 1.4%.