ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Nikkei Markets

Hong Kong shares slide after Beijing quarantines Wuhan

Shanghai Composite sees worst drop since May while yuan tumbles

HONG KONG (Nikkei Markets) -- Hong Kong shares fell to a one-month low on Thursday, as investors continued to fret over the spread of a deadly virus in and around China after mainland authorities quarantined the city at the heart of the outbreak.

The Hang Seng Index lost 1.5% to 27,909.12, its lowest close since Dec. 24. Mobile services operator China Unicom (Hong Kong) dropped 5.6%, leading percentage losses on the index, after its preliminary profit for 2019 missed estimates. Among heavyweights, internet services company Tencent Holdings and Ping An Insurance Group fell 1.4% and 1.6%, respectively.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more