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Hang Seng Index rises, Alibaba falls after warning of hit by coronavirus

Happy Friday, traders.

Alibaba reported strong December quarterly results, but warned of upheaval to consumer behavior by the coronavirus outbreak. The official death toll has risen to nearly 1,400 on the mainland and total cases approached 65,000.

 

This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2020 South China Morning Post Publishers Ltd. All rights reserved.

Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.