SHANGHAI/HONG KONG - Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets reopen next week, with traders set to work shifts and sales staff restricted to online-only pitches, sources said.
Banks and brokers will also be paying double next week for the essential staff in financial capital Shanghai who will be working from Monday when markets reopen after the extended Lunar New Year holiday, they said. Mainland markets were due to reopen on Friday following a week-long break but the holiday was extended to Monday by central government officials in an effort to limit the spread of the coronavirus that has so far killed more than 200.
The world should be holding their collective hearts in their hands while watching.