China stocks advance as Beijing says work resumption is speeding up [MSNBC.com]
HON HAI PRECSON S/GDR NEW (HNHPF)
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Source: MSNBC.com
Asia China stocks advance as Beijing says work resumption is speeding up Published Thu, Feb 20 2020 Updated an hour ago Eustance Huang @EustanceHuang Key Points Stocks in Asia were mixed in Friday afternoon trade as concerns linger over the economic impact of the ongoing coronavirus outbreak. In mainland China, shares surged by the afternoon. The Shenzhen component was up 1.51% while the Shenzhen composite jumped 1.474%. The Shanghai composite China's Ministry of Commerce said Friday the resumption of work has been rapidly increasing in major foreign trade provinces such as Guangdong and Jiangsu. Guangdong was the top source of China's exports by far in 2019, followed in order by Jiangsu, Zhejiang, Shanghai and Shandong, according to official data accessed through Wind Information. Elsewhere, stocks in South Korea led losses among major markets in the region, with the Kospi according to Reuters On Thursday, the country reported its first coronavirus death. The number of new confi
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