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Al Jazeera
Al Jazeera
Business

Hong Kong shares dive to 11-year low as China touts ‘zero COVID’

Hong Kong’s stock market has plummeted to its lowest level in over a decade [File: Isaac Lawrence /AFP]

Hong Kong’s stock market has plummeted to its lowest level in more than 10 years after China doubled down on its punishing dynamic “zero COVID” pandemic strategy.

The Hang Seng Index on Tuesday plunged to below 17,000 points for the first time in 11 years, as Beijing tightened COVID curbs and reiterated warnings against any relaxation in the fight against the coronavirus.

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