HONG KONG -- Investors fled Chinese equities on Monday as financial markets reopened after the extended Lunar New Year break, with stocks logging their biggest single day fall since 2015. The yuan and commodities also tumbled, as investors counted the economic impact from the spreading coronavirus outbreak.
The Shanghai Composite Index sank 7.7%, logging its worst debut to a Lunar New Year in at least two decades. It opened on Monday 8.8% lower than its Jan. 23 close, the last day of trading before the long holiday break.
