China stocks join global sell-off on oil plunge, Covid-19 impact fears


SHANGHAI/Hong Kong: China stocks slumped on Monday, as fears over the economic impact of the global Covid-19 coronavirus epidemic were exacerbated by a crash in oil prices that battered financial markets around the world.

The CSI300 index skidded 3.4% to close at 3,997.13 points, while the Shanghai Composite Index slid 3.0%, to 2,943.29 points.

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