China Market Opening Delayed Until Feb. 3 on Virus Upheaval
- Offshore yuan tumbles through key levels to weakest this year
- Death toll at least 80 with 2,700-plus cases in China
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China’s financial markets will remain closed until next Monday after authorities extended the Lunar New Year break by three days as they grapple with the worsening virus crisis.
Trading will resume Feb. 3, the Shanghai and Shenzhen stock exchanges said. Shanghai authorities separately advised that companies shouldn’t start work until at least Feb. 9.