Chinese exchanges fell 8% amid news about coronavirus

Major Chinese indices plummet more than 8% opening after the New Year holidays in the country. At 9:58 Shanghai Composite lost 8.11%, Shenzhan Component - 8.45%. Anxiety continues to be the cause investors about the spread of the coronavirus. Other Asia Pacific Indices also mostly show a fall. KOSPI (South Korea) decreased by 0.006%, Nikkei 225 (Japan) - by 1.01%, S & P / ASX 200 (Australia) lost 1.34%. Hong Kong Postcode The Hang Seng, on the other hand, rose 0.14%. The market reacted to the information that the World the health organization named the problem the spread of coronavirus by an emergency international importance. Investors are trying to assess risks for the global economy if it grows into epidemic. The Central Bank of China announced at the end of last weeks that, as part of supporting the country's economy, he intends to allocate funds to enterprises that have suffered losses; significant organizations will be able to obtain loans from him for preferential terms.