Hong Kong stocks end week lower as global coronavirus cases cross 1 mln

China Resources Gas

03/04/2020 09:43

* HK->Shanghai Connect daily quota used 2.2%, Shanghai->HK
daily
quota used 0%
    * HSI -0.2%, HSCE -0.4%, CSI300 -0.6%
    * FTSE China A50 -0.5%

    April 3 (Reuters) - Hong Kong stocks slipped on Friday to
end the week lower, as risk-averse sentiment strengthened on
continued spread of the coronavirus with infections surpassing
one million globally.
    ** At the close of trade, the Hang Seng index  .HSI  was
down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China
Enterprises index  .HSCE  fell 0.37% to 9,491.1.
    ** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  dipped 2.5%, while the IT sector  .HSCIIT  fell 1.08%,
the financial sector  .HSNF  ended 0.59% lower and the property
sector dipped 0.13%.
    ** The top gainer on the Hang Seng was China Unicom Hong
Kong Ltd  0762.HK , which rose 5.91%, while the biggest loser
was PetroChina Co Ltd  0857.HK , which fell 5.56%. 
    ** For the week, HSI lost 1.1%, while HSCE shed 0.1%. 
    ** Global coronavirus cases surpassed 1 million on Thursday
with more than 52,000 deaths, as the pandemic further exploded
in the United States and the death toll climbed in Spain and
Italy, according to a Reuters tally of official data.
 urn:newsml:reuters.com:*:nL1N2BQ2S9 
    ** Latest survey of China's economy pointed to more signs of
damage from the pandemic. 
    ** China's services sector struggled to get back on its feet
in March after a brutal month of unprecedented shop closures and
public lockdown amid the outbreak, a private survey showed.
 urn:newsml:reuters.com:*:nZRN000BN0  
    ** Business activity in Hong Kong deteriorated further in
March, a private survey showed, as demand, output and confidence
plunged amid the deepening pandemic.  urn:newsml:reuters.com:*:nZRN000BMT 
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was weaker by 0.46%, while Japan's Nikkei index
 .N225  closed up 0.01%.
    ** The yuan  CNY=CFXS  was quoted at 7.0889 per U.S. dollar
at 08:15 GMT, 0.1% weaker than the previous close of 7.0821. 
    ** At close, China's A-shares were trading at a premium of
27.21% over Hong Kong-listed H-shares.

 (Reporting by the Shanghai Newsroom; Editing by Subhranshu
Sahu)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))