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Nikkei Markets

Hong Kong shares slide as US-Iran clash escalates

Singapore's Kwan Yong drops in Hong Kong's first trading debut of 2020

HONG KONG (Nikkei Markets) -- Hong Kong shares suffered their worst single day drop in more than a month on Wednesday, as risk sentiment turned sour after Iran attacked U.S. forces in Iraq.

The Hang Seng Index fell 0.8% at 28,087.92, its biggest single day decline since Dec. 4. Financial heavyweights AIA Group and HSBC Holdings lost 1.8% and 1.2%, respectively.

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