Asian markets improve a day after the coronavirus shocked Chinese stocks - News Summed Up

Asian markets improve a day after the coronavirus shocked Chinese stocks


Hong Kong (CNN Business) Stocks in Asia mostly improved Tuesday, one day after Chinese markets experienced their worst session in years . It was the second day Chinese markets had to react to the worsening coronavirus since closing for the Lunar New Year holiday more than a week ago. Monday was the index's worst day since August 2015's "Black Monday," when global markets were rattled by fears of an economic slowdown in China. Shares of Macao casino operators dropped in Hong Kong after the Macao government said it would suspend operations of gambling and related industries for half a month. Wynn Macau and MGM China, which trade in Hong Kong but are not components of that index, fell 1.7% and 2.2%, respectively.


Source: CNN February 04, 2020 02:50 UTC



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