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Hong Kong stocks plunge more than 9%, biggest fall in 16 years

Hong Kong shares saw their biggest fall in 16 years today, falling over 9%
Hong Kong shares saw their biggest fall in 16 years today, falling over 9%

Hong Kong stocks plunged more than 9% today, their biggest fall in 16 years, after China left investors disappointed by a lack of new stimulus and few details about measures announced last month.

Hong Kong's Hang Seng Index dived 9.41%, or 2,173 points, close at 20,926.79.

The loss is its heaviest since 2008 during the global financial crisis.