China, HK stocks drop sharply as virus fears deepen amid Wuhan lockdown
China and Hong Kong stocks
dropped sharply on Thursday, with investors dumping shares of
restaurants, cinemas, casinos, airlines and theme parks, as
China locked down the city at the epicentre of the outbreak to
contain the spread of the coronavirus.
** The CSI300 index fell 1.8% to 4,058.31 at the end
of the morning session, while the Shanghai Composite Index
lost 1.5%, to 3,016.18. The Chinese market will be
closed for a week starting Friday due to the Lunar N
dropped sharply on Thursday, with investors dumping shares of
restaurants, cinemas, casinos, airlines and theme parks, as
China locked down the city at the epicentre of the outbreak to
contain the spread of the coronavirus.
** The CSI300 index fell 1.8% to 4,058.31 at the end
of the morning session, while the Shanghai Composite Index
lost 1.5%, to 3,016.18. The Chinese market will be
closed for a week starting Friday due to the Lunar N
Posted by Reuters