Japan, Hong Kong stocks tumble more than 1% as Apple issues revenue warning on coronavirus impact [CNBC]
HON HAI PRECSON S/GDR NEW (HNHPF)
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Source: CNBC
Asia Japan, Hong Kong stocks tumble more than 1% as Apple issues revenue warning on coronavirus impact Published Mon, Feb 17 2020 Updated 9 min ago Weizhen Tan @weizent Key Points Shares in Asia mostly fell on Tuesday morning, as the new coronavirus outbreak continued to roil companies amid expectations it would cause a slowdown. Hong Kong's Hang Seng index Over in mainland China, shares edged down. The Shanghai composite Japan's Nikkei 225 Softbank In South Korea, the Kospi ASX 200 Overall, MSCI's broadest index of Asia-Pacific shares outside Japan of Investors are expecting the bank to warn of challenging times ahead. Though it is headquartered in London, most of its profits come from Asia, particularly Hong Kong. Analysts have predicted HSBC's report card for last year to largely match that of 2018, when reported pre-tax profits were $19.89 billion Its Hong Kong-listed shares were down 0.84% in early trading on Tuesday. Apple suppliers in Asia fall Meanwhile, warned it may not
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