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Chinese stocks tumble

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Chinese Composite Index is down on the fear of Corona Virus.

The index is down -9% at the days open. Its wiping more than $100B off its value.

Chinese stocks plunges as markets reopen

China, fears over the corona virus have triggered a sharp fall in shares when markets reopened after the Lunar New Year holiday today.

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

The fall came despite China’s central bank announcing new measures to ease the impact of the outbreak.

By Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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