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Nikkei Markets

Hong Kong stocks slide toward three-week low on virus fears

CNOOC and Geely decline as bearish mood takes hold

HONG KONG (Nikkei Markets) -- Hong Kong stocks were poised for their lowest level in more than three weeks on Thursday as fears over the impact of the new coronavirus on the global economy kept markets on edge.

The Hang Seng Index fell 0.7% to 26,519.65 by noon. Offshore energy producer CNOOC slid 2.6% and Geely Automobile Holdings gave up 2%, while social media and gaming major Tencent Holdings lost 0.9%.

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