Coronavirus: Chinese stocks plunge as markets reopen

Coronavirus: Chinese stocks plunge as markets reopen

Image copyright Getty Images

Fears over the coronavirus have triggered a sharp fall in Chinese shares as markets reopened after the Lunar New Year holiday.

The Shanghai Composite index fell nearly 9% before recovering slightly, while commodity prices also slumped.

Manufacturing, materials, and consumer goods companies are among the hardest hit, as healthcare shares soar.

The fall came despite…

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