** Shares of Hongkong and Shanghai Hotels Ltd 0045.HK fall 2.5% to HK$5.88, on course for the biggest one-day pct decline since Jan. 28
** Stock sinks to the lowest since Feb. 5
** The operator of Peninsula Hotels and Hong Kong tourist attraction Peak Tram expects its 2024 net loss amounting to HK$900 mln ($115.67 mln) and underlying loss at HK$200 mln, as compared to HK$146 mln net profit and HK$277 mln underlying profit in 2023
** Says the weak results are due to an increase in depreciation of The Peninsula London, a rise in net financing charges and revaluation loss of investment properties, as compared to revaluation gain in 2023
** Hang Seng Commerce & Industry Index .HSNC slips 0.01%, while Hang Seng Index .HSI adds 0.1%
** Stock rose 6.5% last year
($1 = 7.7807 Hong Kong dollars)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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