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04 February 2020A man died in Hong Kong from coronavirus. This was announced by the Hong Kong TV broadcaster. It is the first coronavirus victim in the former British colony that yesterday announced closing its borders with the rest of China.
In China the number of infected people has risen to 20,438. There are 425 dead. The national health commission has confirmed that there have been 64 new deaths from viruses - all in the Hubei province, an outbreak of the virus, bringing the national death toll to 425.
China's isolation from the pandemic threatens the economy: a 1% slowdown in Chinese GDP and a 20% drop in crude demand. Fitch: you risk a production surplus. Brent drops to $ 54.40 a barrel.
The Chinese stock exchanges opened today's session again with heavy losses, the Shanghai composite index lost 2.23% in the first few bars, hitting a minimum since 15 February 2019, while the Shenzhen one lost 3.48%. Yesterday, on the return to trade after the very long festive break of the Lunar New Year, Shanghai and Shenzhen collapsed by 7.72% and 8.41% respectively, burning a capitalization of 420 billion dollars.
Japan quarantined a cruise ship with 3,500 people on board after an 80-year-old passenger tested positive for coronavirus. It is the Diamond Princess moored in the port of Yokohama with 2,500 passengers and 1,000 crew members.