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Nikkei Markets

Hong Kong shares flat at midday as caution over coronavirus prevails

Cathay Pacific Airways reports 28% drop in 2019 profit

HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed after a choppy morning session on Wednesday, as investors awaited further responses from governments and central banks to combat the new coronavirus and its economic impact.

The Hang Seng Index added 0.04% to 25,402.40 by noon after changing directions at least 10 times. Heavyweights diverged, with AIA Group and Industrial & Commercial Bank of China rising 1% and 0.9%, respectively, while Ping An Insurance Group slipped 0.6%.

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