In the short term, the panic sentiment brought about by the virus contagion outside China could have relatively limited impact on China's capital markets, given the situation here has already turned better as Beijing took powerful measures, private equity firm STAROCK said in a report.
Chinese policymakers have implemented a raft of measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth. A continued drop in new cases outside Hubei also helped lift sentiment.