Heavy fall on the Hong Kong stock market

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In the opening, the Hang Seng plummeted 4 percent. After half an hour of trading, the decline had narrowed slightly to around 3.3 percent.

The Shanghai stock exchange is also losing, the composite index is down 1.5 percent. In Shenzhen, the composite index loses 1.6 percent.

In Tokyo, the stock markets are also down, but not as sharply. The Nikkei 225 index retreats 0.7 percent.

This weekend’s very unusual protests against the harsh covid rules have spread to more and more places in China. At the same time, criticism has also been raised against the Communist Party and protesters have demanded that leader Xi Jinping resign.

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