Many factors, including companies' earnings, economic data, central bank policies and capital flows, can drive a stock's value when uncertainties rise.
The U.S. Federal Reserve has announced a large scale policy stimulus in past days, but it failed to ease the fears in global financial markets.
The People's Bank of China's targeted reserve requirement ratio (RRR) cuts announced on Friday reflect the importance of stabilising the nation's labour market.
China's trade figures for the first two months of 2020 suggest that external demand would become more challenging due to the global spread of the coronavirus.
Our Chief Strategist, Jimmy Zhu shares his take on the effect of Coronavirus fears on global stocks - this includes the heavy sell-off in the global stock markets appearing only this week despite the novel coronavirus outbreak having lasted for a month.
The worry that the global supply chain, especially that of the auto industry, would be severely damaged by the sudden strike of the coronavirus, is being gradually mitigated as the world's second-largest economy steadily guides companies to resume operation with policy supports and boosting consumption.
The People's Bank of China said that it will step up financial support to crucial sectors hit hard by the coronavirus.
The first trading day after the lunar New Year did not do well for China as the Shanghai Composite Index slid by 7.72%, while the Chinese yuan lost more than 1 percent versus the U.S. dollar.
China’s efforts to improve economic productivity through various economic and financial reforms are paying off as the country’s GDP per capita grossed over USD10,000.
It only took hours before the New Year for the People’s Bank of China to deliver the first rate cut of 2020.