Markets looked set for another sell off as US & China tumbled

Yesterday, Asian Pacific region markets were deep threading water as China tumbled more than 2% again as investors confidence were no where to be found. But HSBC had a good earning report, therefore single handedly lifted Hang Seng Index back to the blue. US Dow Jones was faring well at the early hours this morning, lifting more than 150 points at least. But an hour before the bell rang, it shattered amid fear of escalated US & China trade disputes, as well as technology stocks fell sharply as well. Considering Hong Kong Hang Seng is closely linked to Shanghai A shares, and Hang Seng has fallen back to 7 months low, investors are asking where the support would be, to answer this question, our guest, the Departmental Advisor of Hong Kong CASH Premium Investment , Peter Lai, would help analyze investors sentiments there in Hong Kong and China stock markets.

A board shows the stock movements inside the Shanghai Stock Exchange. Getty Images Source: Getty Images