In Hong Kong, the Hang Seng Index was down 0.17 percent at the close.HONG KONG - Wuxi Biologics suspended trading in Hong Kong following a record slump in its share price, after Washington added the Chinese pharmaceutical giant to a list that could restrict its US operations.
Wuxi Biologics, which produces vaccines and drugs on contract for pharmaceutical firms, said the move would have"no impact" on its business and that it was"in compliance with all US export control regulations". The company has expanded aggressively in recent years with a 1.3 million-square-foot production facility set to open in the western Chinese city of Chengdu next year, according to its website.
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