BloombergChinese hot pot shares fell yesterday in Hong Kong after members of the same family who shared a large dinner last month were confirmed to have the 2019 novel coronavirus. Shares of Xiabuxiabu Catering Management China Holdings Co (呷哺呷哺餐飲管理), a major hot pot restaurant operator, fell as much as 8.3 percent before closing down 7.1 percent. The hot pot sector was a strong spot for the struggling Hong Kong Stock Market last year. Both are near last year’s closing levels, while Xiabuxiabu shares have fallen 22 percent this year, making it one of the index’s biggest decliners. Hong Kong shares yesterday closed lower with investors concerned about the impact of the coronavirus outbreak in China.

Source: Taipei Times February 10, 2020 15:56 UTC