Stock disasters in Hong Kong
- Stock disasters in Hong Kong
Many stock disasters have occurred in Hong Kong Stock Market since the 1960s. The major ones are:
1960s
* Stock disaster in 1965 (Bank run of Canton Trust Bank)
* Stock disaster in 1967 (Hong Kong 1967 Leftist Riots)
1970s
* Stock disaster in 1973 (Hongkong Land acquired Dairy Farm)
1980s
* Stock disaster in 1981 (Negotiation deadlock between China and Britain on Hong Kong Handover)
* Stock disaster in 1987 (Black Monday)
* Stock disaster in 1989 (Tiananmen Square Massacre)
1990s
* Stock disaster in 1997 (Asian Financial Crisis, Avian influenza crisis, Economic bubbles of red chip stocks and real estate industry)
2000s
* Stock disaster in 2000 (Dot com bubble)
* Stock disaster in 2001 (September 11, 2001 attacks)
* Stock disaster in 2003 (SARS crisis)
* Stock disaster in 2007 and 2008 (Subprime mortgage financial crisis and Oil crisis)
Note that the three stock slumps in 2007 were regarded to be "adjustments" in bull market rather than stock disasters by most of stock analysts.
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