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Hong Kong business activity slumps further in March as virus pummels economy

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Business activity in Hong Kong deteriorated further in March, a private survey showed on Friday, as demand, output and confidence plunged amid the deepening coronavirus pandemic.

[HONG KONG] Business activity in Hong Kong deteriorated further in March, a private survey showed on Friday, as demand, output and confidence plunged amid the deepening coronavirus pandemic.

While the adjusted IHS Markit headline Hong Kong Purchasing Manager's Index (PMI) edged up to 34.9...

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