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Chinese stocks posted their biggest one-day loss in eight months on the last trading day before the week-long Spring Festival holiday amid intensifying concern about a new coronavirus outbreak that has claimed 17 lives so far.
The Shanghai Composite Index plunged 2.8 per cent to close at 2976, its biggest one-day loss since May 6, 2019. That brought the benchmark’s losses during the four-day trading week to 3.2 per cent.
The Shenzhen Component Index tumbled 3.5 per cent and Chinext index plummeted 3.3 per cent. The . . .
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