China, Hong Kong shares slump as Beijing ramps up Covid-19 measures The Edge Markets


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- A + A SHANGHAI (May 24): China shares fell on Tuesday (May 24) while Hong Kong's benchmark index also slumped as stricter Covid-19 measures in the country's capital reignited worries over slowing growth despite Beijing's pledges of further economic support. At the close of trade, Hong Kong's Hang Seng Index was down 357.96 points or 1.75% at 20,112.10. The Hang Seng China Enterprises Index fell 1.98% to 6,883.14. The Shanghai Composite Index ended 2.41% lower at 3,070.93, posting its biggest drop since April 25. The blue-chip CSI 300 Index was down 2.34%, its biggest drop since May 6, with...