video | Hong Kong stock market collapses after Xi’s takeover

Markets in Hong Kong are tanking, a day after China’s Xi Jinping revealed his new leadership team in China. Investors have panicked after Chinese President Xi Jinping seized power and a huge sell-off has started in Hong Kong. The Hang Seng China Enterprises Index, which measures Chinese stocks listed in Hong Kong, fell 6.4 percent on Monday – the worst drop since the 1994 Chinese Communist Party Congress. NDTV’s Parameshwar Bawa reports.