The news of the U.S. unverified list is having a large impact on listed companies as well as relevant industries and supply chain.
At closing bell, the benchmark Hang Seng Index fell 1.02%, or 250.06 points, to 24,329.49. The Hang Seng China Enterprises Index sank 0.89%, or 76.23 points, to 8,513.30.
The biggest loser on the Hang Seng was WuXi Biologics (Cayman) Inc, which fell more than 30% following the addition of its units in Wuxi and Shanghai to the red-flag export list. Trade in its shares was later halted.
ECONOMIC NEWS: Hong Kong's IHS Markit SAR Purchasing Manager's Index (PMI) fell to 48.9 in January from 50.8 in December.
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