News Snapshot:
China’s blue chips were weighed by Shanghai’s new Covid restrictions as cases surge, while oil, bonds and the yen also took a beating China’s blue-chips closed lower on Monday after Shanghai was locked down to curb the spread of Covid-19 infections, raising fears of an economic slowdown, while Hong Kong gained for the first time in three sessions off the back of a strong showing by its tech companies. China’s financial hub of Shanghai launched a planned two-stage lockdown of the city of 26 million people on Monday. A record 3,450 asymptomatic Covid cases were reported there on Sunday, accounting...
