From Reuters, March 31:
Hong Kong stocks post worst quarter since 2015 amid virus concerns
Hang Seng up 1.9% on day but down 16.3% in January-March
* Asia faces economic pain from coronavirus spread - World Bank
* China factory activity beats estimates, raises recovery hopes
HONG KONG, March 31 (Reuters) - Hong Kong shares rose on Tuesday on signs that China’s economy may be recovering from the coronavirus shock, but deepening fears of a global recession sent them to their worst quarter since 2015.....MUCH MORE
** At the close of trade, the Hang Seng index was up 1.9% at 23,603.48. The Hang Seng China Enterprises index rose 2.1%.
** But the Hang Seng fell 9.7% in March, marking its worst month since October 2018. It dropped 16.3% in the first quarter, its largest quarterly decline since the third quarter of 2015.
** On Tuesday, the sub-index of the Hang Seng tracking energy shares rallied 5.3%, the IT sector rose 2.1%, the financial sector gained 1.4% and the property sector was up 3.3%. ...
However, like everywhere else in the world retailers are at serious risk. From the SCMP, March 31:
Hong Kong wages could drop 20 per cent in 2020 for city blighted by coronavirus pandemic, impact of anti-government protests
