(10-08 16:35)
Hong Kong shares closed down 0.89 percent, breaking a five-day rally, as regional markets ended lower on concerns bout Europe's debt crisis.
The benchmark Hang Seng Index fell 187.82 points to 20,824.56 on turnover of HK$43.39 billion, AFP reports. The Hang Seng China Enterprises Index of Chinese shares tumbled 1.3 percent.
Shares in China closed down 0.56 percent. The benchmark Shanghai Composite Index was down 11.75 points to 2,074.42 on turnover of 44.8 billion yuan.
China has a lot to do to secure a single currency. But, it needs companies like Huawei Technologies Co. and ZTE Corp. to stabilize Chinese stock futures and further the promise of the people of China.
U.S. panel: Chinese tech giants pose security threat (click here)
Originally published Sunday, October 7, 2012 at 8:06 PM
Tribune Washington Bureau
WASHINGTON — The federal government should "view with suspicion" attempts by two Chinese telecommunications companies to expand in the U.S. market because of a strong risk that they would aid spying and cybertheft by China, a yearlong investigation by the House intelligence committee concluded.
House investigators working for Democrats and Republicans said in a report that Huawei Technologies Co. and ZTE Corp., two private companies with deep ties to the Chinese ...
The USA has standards to prevent cybercrime. There is considerable monies invested by the USA for the technical infrastructure to combat invasion into systems and failure of security to the private sector already established in the USA. It would be remiss of the USA to allow questionable technologies with far more invasive capacity to market in this country.
