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Hong Kong stocks fall on conoravirus fears as new cases outside China top new cases inside

South China Morning Post

發布於 2020年02月27日04:02
  • Budweiser Brewing APAC posts profit attributable to shareholders US$898 million in 2019
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Workers wearing protective gear clean at Shu Kuk street and King's road outside Maylun Apartment where Fook Wai Ching She Buddhist worship hall is located in Hong Kong. More people who have been at Fook Wai Ching She temple in North Point have tested positive for coronavirus. Photo: Xiaomei Chen
Workers wearing protective gear clean at Shu Kuk street and King's road outside Maylun Apartment where Fook Wai Ching She Buddhist worship hall is located in Hong Kong. More people who have been at Fook Wai Ching She temple in North Point have tested positive for coronavirus. Photo: Xiaomei Chen

Good day, traders --

President Donald Trump reassured Americans that he has the coronavirus under control, saying the US stock market will recover because the economy is very strong.

Trump said part of the "hit" to US markets also has to do with concerns about the Democratic presidential field, and predicted US markets will "boom" if he is re-elected to a second term.

Trump's remarks came as global markets -- from New York to Tokyo, Shanghai and Hong Kong -- have seen losses on concerns the coronavirus is spreading beyond mainland China.

Keep up with the day's action in Hong Kong and mainland markets.

And if you would like the Live Stocks Blog emailed to you each morning, click here.

*-- Kathleen Magramo and Deb Price in Hong Kong *

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard. It is subject to our T&C. SCMP (as defined in T&C) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.

Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.

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