KM Financial Solutions | China stocks set for worst week in 9 months amid virus fears
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China stocks set for worst week in 9 months amid virus fears

China stocks set for worst week in 9 months amid virus fears

China stocks fell on Friday,
heading for their worst week since May, as a sharply rising
death toll from a virus outbreak kept investors on tenterhooks
despite policymakers’ efforts to calm nerves.
** At the midday break, the Shanghai Composite index was
0.6% lower at 2,849.51, down 4.3% for the week.
** The blue-chip CSI300 index fell 0.9%, down 3.4% for
the week in its third straight weekly drop.
** CSI300’s financial sector sub-index was lower by
1.1%, the consume

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