MARKET OPEN: Focus to remain on US-China tensions

Mon, 25 May 2020

Financial markets may face a volatile start to the week as China's move to extend national security laws over Hong Kong add to the mounting tensions between China and the US. US Secretary of State Mike Pompeo condemned the move on Friday, warning it will be a "death knell" for Hong Kong's autonomy from China. That position grants Hong Kong favourable trading terms from the US, which may be revoked if it loses that autonomy. “China is front and centre, with protests and violence in Hong Kong and tough talk from China to the US,” said Kiw...

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