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Headline indices of the Hong Kong stock market finished session lower on Tuesday, 22 December 2020, as risk aversion selloff triggered on concerns over persisting Sino-U. S. tensions and a more contagious new strain of the coronavirus found in the UK hurting swift global economic recovery. At closing bell, the benchmark Hang Seng Index fell 0.72%, or 191.92 points, to 26,306.68. The Hang Seng China Enterprises Index dropped 0.78%, or 81.51 points, to 10,401.83. Countries across the globe shut their borders to Britain on Monday due to fears about a highly infectious new coronavirus strain, c...

Hong Kong, China markets plunge as Covid-19 mutation threatens recovery outlook, US expands China blacklist Martin Choi martin.choi@scmp.com A highly infectious Covid-19 strain in the UK has sparked lockdowns and flight bans, and has emerged as the latest source of concern for global investors. Photo: EPA-EFE Hong Kong and China stocks slumped on Tuesday after a highly infectious Covid-19 strain sparked UK lockdowns and clouded the economic recovery outlook, and the US further expanded its blacklist of Chinese companies with so-called military connections. The Hang Seng Index...