Business activity in HK was very poor in March, and April will not better.

Data from the IHS Markit from Hong Kong for March, headline PMI 34.9 in March (vs. 33.1 in Feb,) 
– the 2nd-sharpest deterioration in the city since July 1998 when
the survey began
And, now Hong Kong bars and pubs have been ordered to shut for 14 days. Previously: