Hong Kong shares start on back foot

Business & Finance
30 Mar 2020 • 10:11 AM MYT
Malay Mail
Malay Mail

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A man with a protective face mask takes his lunch breaks at the financial Central district, following the coronavirus disease outbreak in Hong Kong March 27, 2020. — Reuters pic

HONG KONG, March 30 — Hong Kong stocks opened with losses this morning as the euphoria from last week’s massive US stimulus and easing measures gave way to ongoing worries about the rapidly spreading coronavirus.

The Hang Seng Index fell 1.97 per cent, or 463.43 points, to 23,020.85.

The benchmark Shanghai Composite Index fell 1.63 per cent, or 45.15 points, to 2,727.05 and the Shenzhen Composite Index on China’s second exchange slipped 1.95 per cent, or 32.99 points, to 1,660.35. — AFP