News Snapshot:
- A + A SHANGHAI (April 19): Chinese stocks closed down on Tuesday (April 19), despite the authorities vowing to support the economy amid a Covid-19 outbreak, with investors watching whether tough pandemic controls might be relaxed. The blue-chip CSI 300 Index fell 0.8% to 4,134.90, while the Shanghai Composite Index lost 0.1% to 3,194.03 points. The Hang Seng index fell 2.3% to 21,027.76, while the China Enterprises Index lost 3% to 7,167.67 points. China will step up financial support for industries, companies and people affected by Covid-19 outbreaks, the People's Bank of China (PBOC) said on Monday. This came...
