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8/5, 2:23 PM (Source: TeleTrader)
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HK took massive amounts of business from NYSE - Trump

United States President Donald Trump alleged on Wednesday that Hong Kong has "taken massive amounts of business away from" the New York Stock Exchange (NYSE).

"They had to do well" with all the incentives that the US had provided them with, he asserted in an interview with Fox News, stressing that Hong Kong has handled "business that would have come to the US and New York."

Trump went on to claim that Hong Kong will not be a successful financial hub now that the US ended the special treatment that the city received, adding that their "business will dry up."

Breaking the News / MS