Hong Kong Stock Market Plunges After Xi's Power Grab
A day after China's Xi Jinping revealed his new leadership team in China, Hong Kong markets are tanking. Chinese President Xi Jinping's power grab has spooked investors and sparked a huge sell-off in Hong Kong. The Hang Seng China Enterprises Index, which measures Chinese stocks listed in Hong Kong, sank 6.4 per cent on Monday - the worst plunge after a Chinese Communist Party congress since 1994. NDTV's Parmeshwar Bawa reports.
