While CRCT’s mall in Wuhan will only reopen “when local conditions permit”, the rest of its 12 malls are still operating albeit with shorter operating hours.
SINGAPORE (Feb 10): Since Jan 24, units in CapitaLand Retail China Trust (CRCT) has shed some 9.09% or 15 cents to trade at $1.51 on Monday morning.
CRCT has high exposure to the novel coronavirus that has claimed 910 lives and infected over 40,500 worldwide. The retail trust on Jan 29 announced that it had to close CapitaMall Minzhongleyuan in Wuhan, one of its 13 malls in China. Wuhan is the city in Hubei where the coronavirus originated from.
