Analyst: market stable in HK, despite virus fears

Hong Kong's stock market is holding up well in the wake of the coronavirus outbreak, a market analyst said on Thursday.

Jackson Wong said in spite of significant pressure from a falling US market, Hong Kong's index had remained relatively stable.

Wong also pointed that the virus was actually helping so called new-economy and technology enterprises.

However, by it's midday closing on Thursday the Hang Seng Index had dropped 176 points to 26,519.