** Shares of China Resources Pharmaceutical Group Ltd
drop 12.4% to HK$6.12
** Stock of the Chinese pharmaceutical and healthcare products distributor on track to snap two straight sessions of gains, if current trend holds
** CR Care, the company's pharmacies retail operating arm, said on its social media page that it will close all its retail outlets in Hong Kong with effect from Nov. 8 amid "external uncertainty" and operating challenges
** CR Care operates 19 outlets in Hong Kong, according to its website
** Co said in its interim report that it operates one of China's largest retail pharmacy networks, comprising 760 retail pharmacies under national or regional premium brands CR Care and Teck Soon Hong
** Hang Seng Consumption Index declines 8.1%, index tracking consumer staples drops 8.7% and Hang Seng Index falls 6.9%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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