china: Tech, industrial stocks pull China shares lower as Beijing imposes new COVID curbs


Source: indiatimes.com indiatimes.com

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Chinese shares fell on Tuesday, with tech and industrials firms leading a deepening slump in afternoon trade, as new COVID-19 curbs in the country's capital fuelled worries over slowing growth despite Beijing's pledges of economic support. ** The Shanghai Composite index ended down 2.41% at 3,070.93, posting its biggest drop since April 25. ** The blue-chip CSI300 index was down 2.34%, its biggest drop since May 6, with its financial sector sub-index lower by 1.49%, the consumer staples sector down 1.45%, the real estate index down 0.27% and the healthcare sub-index down 3.7%. ** Tech firms, which have led a...