Virus Worries Wipe $420 Billion Off China’s Stock Market

over 4 years in theepochtimes

SHANGHAI/HONG KONG—Investors erased $420 billion from China’s benchmark stock index on Feb. 3, sold the yuan, and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. The market slide came even as the central bank poured cash […]

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