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Hang Seng Index has worst day since 2015 as tensions flare up again between China and the West

Hong Kong (CNN Business)Hong Kong's Hang Seng Index (HSI) dropped nearly 5.6% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. The news — which could be the biggest blow to Hong Kong's autonomy since its handover to China in 1997 — also further stoked tensions between China and the United States. Global stock markets were rattled, and oil took a hit too. Friday's close was the Hang Seng's worst performance since July 2015."The very real threat now, is the return of mass protests to the streets of Hong Kong, a downgrade in trade status with the US, and potentially an exit of large companies" from the city, wrote Jeffrey Halley, senior market analyst for Asia ...