China's Mainland Stock Markets Crash at the End of Lunar Year
Dou Shicong
DATE:  Jan 23 2020
/ SOURCE:  yicai

(Yicai Global) Jan. 23 -- China's mainland stock markets ended the last trading day of the Lunar Year of the Pig with a crash as jitters grow that the coranavirus-caused pneumoia may have struck the real economy hard.

The Shanghai Composite Index closed 2.75 percent lower at 2,976.53. The Shenzhen Component Index slid to 10,681.90, down 3.52 percent and the ChiNext Price Index, which tracks growth enterprises in Shenzhen, slumped 3.32 percent to 1,927.74.

Wuhan's public transport has been all been shut down since 10.00 a.m. today to keep a lid on the further spread of the pneumonia caused by the novel coronavirus the World Health Organization has named 2019-nCoV, of which China has already confirmed 571 cases, with 17 deaths as of the end of yesterday.

Editor: Ben Armour

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Keywords:   Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index