China Stocks Caught in Fresh Rout on Covid, Regulation Worries - Bloomberg

Chinese stocks tumbled on Monday as mounting concern over a Covid outbreak at home and rising global interest rates added to persistent regulatory headwinds.

The tech sector was once again at the forefront of losses, with the Hang Seng Tech Index closing 5.2% lower in Hong Kong. The broader Hang Seng Index as well as China’s benchmark CSI 300 Index each slumped about 3%.

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2022-04-11 06:04:00Z
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