Stocks Tumble Again as Coronavirus Spread Picks Up

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Stocks Tumble Again as Coronavirus Spread Picks Up
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Stock markets across Asia fall as the rapidly spreading coronavirus weighs on the economic outlook of China, Hong Kong and other countries

Hong Kong’s benchmark Hang Seng Index dropped 2.65%, led by hardware-manufacturing, casino and financial stocks. It was the index’s second day of losses after the market reopened Wednesday following the Lunar New Year holidays.

The Hang Seng has now fallen 5.4% this week.
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