Chinese exchanges and Russian KAMAZ became victims of coronavirus


The spread of a new type of coronavirus caused the collapse of shares on mainland Chinese stock exchanges at the first auction after the New Year holidays and created the threat of a stop of the Russian company KamAZ.


According to the trading data, on Monday the drop in the main indices amounted to more than eight percent.

During the Chinese New Year holidays, which lasted from January 24 to February 2, the number of infected people increased by 30 times, and the number of deaths - by 20.

The indices that showed a record drop include the main Shanghai Composite index, which fell 8,07% to 2736,28 points and Shenzhen Component, which fell 8,54% to 9769,91 points.

The State Committee for Development and Reforms of China expressed confidence that the impact of the coronavirus epidemic on the economy countries will be short-term, and Beijing will be able to minimize the economic impact.

The spread of the coronavirus epidemic was also reflected in the Russian enterprise KamAZ.

As follows from the press service of the company, the management of KamAZ admits a reduction in production in March.

This is due to the fact that some components are manufactured only in China and it is difficult to predict how the coronavirus epidemic will affect Chinese suppliers.

As the company management assured, the availability of Chinese components is enough to fully work out February.
Photos used: Artem Svetlov / wikipedia.org
Ctrl Enter

Noticed oshЫbku Highlight text and press. Ctrl + Enter

3 comments
Information

Dear reader, to leave comments on the publication, you must to register.
I have an account? Sign in

  1. Afinogen Offline
    Afinogen (Afinogen) 3 February 2020 11: 20
    +2
    • 3
    • 1
    As the company management assured, the availability of Chinese components is enough to fully work out February.

    It is necessary to do all the components at home. These are additional jobs, and are not dependent on anyone.
  2. The comment was deleted.
  3. Upmost Offline
    Upmost (Innocent) 4 February 2020 22: 06
    +1
    • 2
    • 1
    The spread of the coronavirus epidemic was reflected in the Russian company KamAZ.

    As follows from the press service of the company, KamAZ management admits production cuts in March.

    This is due to the fact that some components are made only in China and now it’s hard to predict how the coronavirus epidemic will affect Chinese suppliers.

    As assured by the available company management Chinese components enough to fully work out February.

    Here, here, here they are facts and evidence that before you puff out your cheeks, you need to imagine something from yourself.

    And by the way, if we talk about KAMAZ, there are so many “non-Russian” things:


    what to hang around here is simply not around what.

    And in terms of aircraft manufacturing and sophisticated military equipment - Mama Do not Cry ...
  4. Marzhecki Offline
    Marzhecki (Sergei) 5 February 2020 08: 58
    +3
    • 3
    • 0
    Quote: UpperMost
    The spread of the coronavirus epidemic was reflected in the Russian company KamAZ.

    As follows from the press service of the company, KamAZ management admits production cuts in March.

    This is due to the fact that some components are made only in China and now it’s hard to predict how the coronavirus epidemic will affect Chinese suppliers.

    As assured by the available company management Chinese components enough to fully work out February.

    Here, here, here they are facts and evidence that before you puff out your cheeks, you need to imagine something from yourself.

    And by the way, if we talk about KAMAZ, there are so many “non-Russian” things:


    what to hang around here is simply not around what.

    And in terms of aircraft manufacturing and sophisticated military equipment - Mama Do not Cry ...

    very clear picture