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Hong Kong shares fall 0.9% as biotech companies decline

Dow Jones Newswires ·  Dec 15, 2021 04:08  · Markets

Hong Kong shares fell amid declines by biotechnology companies.

$WUXI BIO(02269.HK)$ slid 19% while $SINO BIOPHARM(01177.HK)$ lost 5.0%. Consumer stocks also fell, as sentiment was soured by weaker-than-expected China retail sales data for November. $ANTA SPORTS(02020.HK)$ dropped 4.8%, $CHINA RES BEER(00291.HK)$ was off 2.1% and $MENGNIU DAIRY(02319.HK)$ declined 0.5%. The $Hang Seng Index(800000.HK)$ closed 0.9% lower at 23420.76. 

(yongchang.chin@wsj.com)

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