Virus worries knock Hong Kong stocks to 7-week low after Lunar New Year break [Reuters]
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Source: Reuters
Virus worries knock Hong Kong stocks to 7-week low after Lunar New Year break * Virus worries push stocks down after CNY break * China Enterprises index HSCE falls 3.4% * Analysts see HK market struggling until China returns (Updates with closing prices) By Clare Jim and Tom Westbrook HONG KONG/SINGAPORE, Jan 29 (Reuters) - Hong Kong’s stock market tumbled almost 3% on Wednesday in the first trading session since the spread of a virus in China accelerated over the Lunar New Year holidays. The Hang Seng index hit a seven-week low, with shares of China-exposed stocks, financials and the travel and tourism sectors leading declines as investors braced for the economic impact from the epidemic, which originated late last year in Wuhan in central China. Transport has been all but shutdown in parts of the country, travellers have cancelled bookings and some shops, restaurants, cinemas and tourist sites have closed. The Hang Seng ended down 791.99 points or 2.83% at 27,289.55. The Hang Seng C
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