‘They Wanted To Kill The Bulls’: Analysts Scramble To Explain Sudden Crash In Hong Kong

Something snapped in Hong Kong on Thursday afternoon. Things were going along fine on the heels of decent data out of China earlier in the session and then it all went off the rails in a bout of harrowing madness that sent the index tumbling as much as 2.2%... ...the Hang Seng very nearly had its worst day in 11 months: So what accounts for that? Well, no one knows exactly. “Some bearish investors were looking for excuses to ‘kill the bulls’," Kenny Wen, a strategist at S