Chinese H Shares Bear Brunt of Selling as Yuan Pressures Build

Updated on
  • Measure of property companies leads decline in Hong Kong
  • PetroChina, Sinopec fall after Wednesday’s jump, oil drop

Chinese stocks in Hong Kong tumbled the most in Asia, led by banks and insurers, as investors feared a faster pace of U.S. interest-rate hikes will pressure the yuan to weaken beyond an eight-year low. The nation’s bonds plunged.

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