Wild Price Swings Expose Stress in Hong Kong Stocks, Study Shows

Extreme one-minute price swings have become a routine symptom of liquidity stress in Hong Kong’s $7 trillion equity market, occurring at a rate far higher than a standard model predicts, a new study shows.

Extreme one-minute price swings have become a routine symptom of liquidity stress in Hong Kong’s $7 trillion equity market, occurring at a rate far higher than a standard model predicts, a new study shows.