麻豆约拍

Share prices on Chinese stock markets have tumbled in the first day of trading after the extended Lunar New Year holiday in response to the potential effect of the coronavirus on economic activity. China's central bank flooded markets with $170 billion to try to keep markets stable, but prices fell by more than nine per cent.

Jonathan Cheng from the Wall Street Journal in Beijing, and China economist Jinny Yan explain how there may be a wider effect on markets around the world.

Photo: A woman wearing a mask walks past a stocks board displaying the Hang Sang Index closing price in Hong Kong
Credit: AFP/Getty Images