CSI300's financial sector sub-index rose 0.8%, the consumer staples sector was up 1.7%, the real estate index climbed 1.2% and the healthcare sub-index edged up 0.4%.There were 2,478 new confirmed cases in mainland China on Feb. 10, down from 3,062 on the previous day, bringing the total to 42,638.
China's central bank should consider lowering its benchmark deposit rate to enable banks to reduce lending rates and help small businesses weather the economic fallout from the fast-spreading coronavirus, a central bank advisor said. Investors will also be keeping an eye on remarks by U.S. Federal Reserve Chairman Jerome Powell at a Congress testimony later on Tuesday.
Good sign..hope the new virus cases continue to dip to zero
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