Hong Kong stocks weaken

Asia reported hundreds of new coronavirus cases, including the first US soldier to be infected, as the United States warned of an inevitable pandemic, and as outbreaks in Italy and Iran spread to more countries.

The benchmark Hang Seng index fell as much as 1.54% in early trade following Wall Street's sharp losses on growing fears of a global pandemic. The index later recovered some ground as investors cheered Hong Kong's latest stimulus, finishing the day down 0.73%.

Copyright Reuters, 2020

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