Investors worried about the spread of the coronavirus wiped more than $400 billion off the value of China’s stocks in the first trading session after an extended Lunar New Year break while the death toll from the epidemic rose to 361
BEIJING/SHANGHAI - Investors worried about the spread of the coronavirus wiped more than $400 billion off the value of China’s stocks in the first trading session on Monday after an extended Lunar New Year break while the death toll from the epidemic rose to 361.
The number of deaths in China rose to 361 as of Sunday, up 57 from the previous day, the National Health Commission said. The number of new confirmed infections in China rose by 2,829, bringing the total to 17,205. Looking to head off panic, China’s central bank injected 1.2 trillion yuan of liquidity into the markets via reverse repo operations on Monday.
Wuhan and other cities remain in virtual lockdown with travel severely restricted, and China is facing mounting international isolation as well due to restrictions on flights to and from the country.At least another 171 cases have been reported in more than two dozen other countries and regions, including the United States, Japan, Thailand, Hong Kong and Britain.
While countries have been trying to block the virus with travel bans, they have also been trying to get their stranded citizens out of locked-down Wuhan.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Investors brace for ugly start to post-holiday trade in ChinaInvestors are bracing for a potential plunge in Chinese markets on Monday when o...
Leer más »
China finishes new hospital for virus patients as toll growsBEIJING (AP) — China completed building a 1,000-bed hospital for treating victims of a new virus that has caused 362 deaths and more than 17,000 infections at home and abroad, according to the...
Leer más »
Asian shares set for rough ride on virus fears, China in focusAsian markets are set for another bumpy ride on Monday on fears about the hit to...
Leer más »
China reports 304 virus deaths, fires officials for poor jobBREAKING: China’s death toll from a new virus rises to 304 with more than 14,000 confirmed cases, amid warnings from the World Health Organization that other countries need to be prepared in the event the disease spreads among their populations.
Leer más »
China central bank sees temporary economic impact from virus, pledges support measuresChina central bank says will keep liquidity ample, sees temporary economic impact from virus
Leer más »
Vietnam Airlines to suspend flights to China, HK, Taiwan over virusVietnam Airlines will suspend its flights to China, Hong Kong and Taiwan with ef...
Leer más »