Hong Kong’s benchmark index had its biggest intraday drop since 2008 as Beijing announced 34% tariffs on all imports from the US with a gauge of Chinese technology stocks sinking as much as 15%. Taiwan’s equity index tumbled the most on record as stocks tumbled from Tokyo to Mumbai, sending a gauge of Asian shares lower by almost 8%, the worst intraday drop in more than 16 years. Bloomberg’s Avril Hong reports.
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