- Goldin Financial, Asiaray Media, Winfull issue profit warnings
- SIM Technology revenue plunges in January
Good day, traders --
China has more than one-tenth of its population largely confined to their homes due to the coronavirus outbreak, the New York Times reports. That's 150 million people, underscoring the difficulty the world's second-largest economy faces in getting back to work. Meanwhile, Hong Kong is on track for its first back-to-back annual recession on record, Bloomberg reports.
The death toll from the coronavirus has topped 2,000.
We'll keep you up on the latest news and moves in Hong Kong and mainland markets. So come back and catch up on the latest often!
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*-- Deb Price and Kathleen Magramo in Hong Kong *
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