Hong Kong shares at three-week low

Posted by 7Star Tuesday, April 28, 2009

Hong Kong shares fell 2.7 percent to finish at a near three-week low on Monday on worries a potential swine flu outbreak would deepen the economic recession, and ICBC slid ahead of likely strategic investor exits. Analysts said investors were mindful of the devastating inpact that a global flu pandemic could have in the midst of a recession in major world economies, but the atmosphere was more that of caution than panic.

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