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Nikkei Markets

Hong Kong stocks halt US stimulus-driven advances

China Life rises, but Beigene after drug suspended

HONG KONG (Nikkei Markets) -- Hong Kong stocks retreated on Thursday following two days of gains spurred by economic stimulus in the U.S., with investors staying cautious over the impact of the new coronavirus on the world.

The Hang Seng Index ended 0.7% lower at 23,352.34. U.K.-headquartered lender HSBC Holdings slid 1.3% and Industrial & Commercial Bank of China lost 1.7%, while diversified Chinese conglomerate CITIC shed 5.7%.

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