Shanghai Composite Index Closes Down 7.72%... Largest Drop Since August 2015
[Asia Economy Reporter Jeong Hyunjin] On the 3rd, the Shanghai Composite Index closed at 2746.61, down 7.72% (229.92 points) from the previous trading day. This is the largest intraday drop since August 24, 2015 (8.5%). The Chinese stock market, which reopened after the Spring Festival (Chinese New Year) holiday, plunged due to the spread of the novel coronavirus infection (Wuhan pneumonia).
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