Virus fears wipe $393 billion off China's stock market despite government support moves
Share:
SHANGHAI/HONG KONG (Reuters) - Investors erased $393 billion (£299 billion) from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.A nearly 8% plunge on the Shanghai Composite index was its biggest daily fall in more than four years. The Chinese yuan blew past the 7-per-dollar mark, Shanghai-traded commodities from palm oil to..