North Korea announced a plan to launch missiles toward the U.S. Pacific territory of Guam. Hong Kong market declined in broad-based for the week. CES Stock Connect Hong Kong Select 100 Index (CES SCHK100), reflecting overall performance of HK stock connect market, slumped 1.9%, but still outperformed other HK market indices.
Tencent, weighting 15% in CES China Private Elite Index (CES CPE), declined 4.9% on Friday after hitting record high in week. China's cyber regulator said it was investigating Tencent’s Wechat, Baidu and Weibo for breaching strict Cyber Laws.
