Chinese markets plunge as coronavirus deaths hit 361
Fall in the Shanghai composite index to one-year low wipes almost $370bn off value
03 February 2020 - 07:45
Beijing/Shanghai — Chinese stock and commodity markets fell heavily on Monday as the death toll from a coronavirus epidemic in China rose to 361 and investors retreated into safe-haven assets in the first trading session after an extended Lunar New Year break.
Markets plunged at the open in their first session since January 23, when the outbreak of the newly identified virus had claimed only 17 lives in Wuhan city, the epicentre of the outbreak, in Hubei province...
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