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China stocks plunge nearly 9% on virus fears after long break
#BREAKING China stocks plunge nearly 9% on virus fears after long break#coronavirus pic.twitter.com/CeAYSyabno
— AFP News Agency (@AFP) February 3, 2020
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#Shanghai Composite opens down 8.7%.#Shenzhen Component and #Chinext index down 9.1%. pic.twitter.com/LvajhU0qRc
— YUAN TALKS (@YuanTalks) February 3, 2020
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Chinese markets plummet almost 9% on return from holiday amid virus outbreak
Stocks in mainland China plummeted about 9% on Monday morning as they returned to trade following an extended holiday amid an ongoing coronavirus outbreak. The Shenzhen component plunged 9.03% in the opening minutes while the Shenzhen composite fell 8.882%. The Shanghai composite dropped 8.6% in early trade. In Japan, the Nikkei 225 dropped 1.59%. The Topix index also declined 1.25%. South Korea’s Kospi also shed 1.46%. Meanwhile, shares in Australia tumbled as well, with the S&P/ASX 200 dropping 1.69%. Overall, the MSCI Asia ex-Japan index traded 1.39% lower. Investors will be bracing for the return of trade for ... (full story)