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Nikkei Markets

Hong Kong shares up after China factory activity expands

Hang Seng Index on course for worst quarter since 2015 amid coronavirus pandemic

HONG KONG (Nikkei Markets) -- Hong Kong shares headed higher on Tuesday, led by gains for mainland companies listed in the city after China's manufacturing sector unexpectedly expanded this month.

The Hang Seng Index added 1.1% to 23,428.15 by noon. Among heavyweights, AIA Group jumped 3.9%, contributing most to the index's gains by points. Sino Biopharmaceutical slid 5.8% after the Chinese drugmaker reported a 70% plunge in 2019 net profit.

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