The Shanghai Composite finished 11 points or 0.4% higher at 2,917 on Friday, after a marked decline in the previous session, with investors continuing to monitor the coronavirus outbreak, after a spike in the number of cases reported as Hubei adopted new methodology for diagnosing the infections. As of Thursday, the number of fatalities in the province rose by 116; while a further 4,823 cases had been detected, taking the total in the province to 51,986. On the trade front, China is set to halve tariffs on certain US products worth about $75 billion with effect later today, as previously announced early this month.
