Wait for daily peak in coronavirus cases before buying the dip, StanChart says

Markets are currently taking a glass half-full outlook while waiting for the coronavirus outbreak to bottom out, says Clive McDonnell from Standard Chartered.

China to Support Markets as Coronavirus Spreads

Meanwhile, the Communist Party of China has been accused of underreporting coronavirus cases and deaths.

Allegedly-leaked data from Tencent suggests that coronavirus may be far more fatal than what is being reported.

According to a new report in Taiwan News, Tencent may have accidentally leaked “real” statistics on the coronavirus outbreak that far outpace the official numbers.