, Columnist
A Trader Without Information Is a Dangerous Thing
With China’s real economy practically shut down but markets opening, investors are left parsing sparse clues about the coronavirus outbreak.
Empty threats.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
When Sleeping Beauty pricked her finger on a spinning wheel, the rest of the kingdom went to sleep along with her.
Not so in China. As an epidemic rages, many provinces have extended their Lunar New Year holiday by weeks, but financial markets – from commodities and stock exchanges to bond clearing houses – will resume operating Monday. The Hong Kong Stock Exchange has been in business since Wednesday.