A ban on travel from Wuhan has already dented market performance and threatens air and rail stocks
Chinese stocks logged their steepest declines in months on Thursday after China barred travel from the city at the epicenter of a worsening viral outbreak, as investors grappled with the potential economic fallout of the disease.
The Shanghai Composite Index sank 2.8% in its biggest single-day drop since May 2019. The Shenzhen Composite Index slumped 3.5%, while Hong Kong’s Hang Seng Index fell 1.9%.
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