Beijing on Monday officially confirmed that the Wuhan pneumonia virus had spread beyond the central Chinese city. Photo: AFP

New Wuhan pneumonia cases fail to dampen China markets, but Hong Kong stocks decline on pre-holiday profit taking

  • News of spread of coronavirus boosts pharmaceuticals, drags down entertainment and airline stocks
  • The ChiNext Index of start-ups climbs to a three-year high
Topic |   Stocks

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Beijing on Monday officially confirmed that the Wuhan pneumonia virus had spread beyond the central Chinese city. Photo: AFP
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Yujing Liu

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.