Market Overview

President Trump Signs Bill Supporting Hong Kong Protesters Against China's Wishes

President Trump Signs Bill Supporting Hong Kong Protesters Against China's Wishes

President Donald Trump signed the Hong Kong Human Rights and Democracy Act late Wednesday night, a move that shows solidarity with protesters in Hong Kong and is sure to anger the Chinese government, with whom the president is negotiated a large-scale trade deal that affects the entire market.

“The Hong Kong Human Rights and Democracy Act reaffirms and amends the United States-Hong Kong Policy Act of 1992, specifies United States policy towards Hong Kong and directs assessment of the political developments in Hong Kong,” the White House said in a statement.

The move has already sent futures markets down in after-hours trading, and China expressed concern Monday by saying the legislation was considered "meddling" in Hong Kong domestic affairs and threated "consequences" if President Trump signed it.

Posted-In: ChinaGovernment News Regulations Politics Top Stories Markets General Best of Benzinga


Related Articles (SPY + AAPL)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at