Hong Kong's Unified Stock Exchange Opens for Trading
The Hong Kong Stock Exchange opened its unified market for trading in 1986, with prices finishing down despite expectations of a rally. Most brokers expressed satisfaction with the performance.
This article was first published on April 3, 1986. By Jerry Norton Debut-day is full of contradictions Considering the historic nature of yesterday’s share market trading, a strong rally might have seemed appropriate. Instead, the first session in the new unified stock exchange saw prices finish sharply down from Thursday’s close. But most brokers still described themselves as well satisfied with the performance, despite the Hang Seng index closing the morning-only trading session 22.67 points.....