Hang Seng Index slumps today but posts strong November gains
November 30, 2020 Update: The Hang Seng Index slumped more than 2% today, the last trading day of the month. The index slipped on concerns about trade tensions between the U.S. and China. Despite the weakness in the index today, the announcements about COVID-19 vaccines and strong data from China helped the Hang Seng to post its best monthly gain in almost two years. For November, the Hang Seng was up 9.3%, marking its best one-month gain since January 2018.According to Live Mint, the Hang Seng Energy Index fell 8.7%, led by a 14% decline in CNOOC after it was reported that the U.S. is adding ...