Hong Kong Stocks Fall On Wall Street Tumble

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2020-10-27 HKT 10:48

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  • The rising number of Covid cases is spooking investors everywhere. File photo: RTHK

    The rising number of Covid cases is spooking investors everywhere. File photo: RTHK

Hong Kong stocks began with losses on Tuesday morning as investors returned from a long weekend, with Wall Street providing a negative lead owing to worries about a resurgence of coronavirus.

The Hang Seng Index slipped 0.3 percent, to 24,839.

On the mainland, the Shanghai Composite Index also fell 0.3 percent, to 3,240 while the Shenzhen Composite Index eased 0.3 percent, to 2,205.

In Japan, the Nikkei 225 index was down 0.7 percent in early trade.

"The Japanese market is led by sell orders with investors discouraged by sharp falls in US shares," Okasan Online Securities chief strategist Yoshihiro Ito said in a commentary. (AFP)

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