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Coronavirus: Hong Kong banks to close up to 30 per cent of branches as a public safety measure amid outbreak

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The scare over the contagious coronavirus outbreak has spread to the Hong Kong banking sector, with the city’s de facto central bank warning 20-30 per cent of branches of various banks will be closed, while many others will shorten their service hours.The Hong Kong Monetary Authority said on Friday it received reports from several banks that they would either close their branches or shorten operating hours temporarily.The authority urged banks to ensure the public had access to basic banking…

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