The decline in Hong Kong stocks widened in the afternoon under the concept of debt conversion. As of press release, China Cinda had fallen 16%. The stock had previously accumulated a cumulative increase of more than 250% from September 17 to October 7, followed by a cumulative decline of nearly 20% in the past 6 trading days up to press release. Real estate stock finance, which focuses on the same concept, fell 12% in China.

The decline in Hong Kong stocks widened in the afternoon under the concept of debt conversion. As of press release, China Cinda had fallen 16%. The stock had previously accumulated a cumulative increase of more than 250% from September 17 to October 7, followed by a cumulative decline of nearly 20% in the past 6 trading days up to press release. Real estate stock finance, which focuses on the same concept, fell 12% in China.