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Coronavirus

Virus fears drive post-holiday Asian stock sell-off

Foxconn among nearly 200 Taiwan-listed companies to hit downward limit

TAIPEI/TOKYO -- Major Asian stock markets took another beating Thursday amid mounting alarm over the potential damage to earnings at China-exposed companies from a coronavirus outbreak that shows no sign of abating.

A fifth of shares listed on the Taiwan Stock Exchange fell by the 10% daily limit when trading resumed after the Lunar New Year holiday, with the market swamped by pent-up investor worry about the virus.

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