China stocks fall amid COVID-19 woes; property developers surge


Source: indopremier.com indopremier.com

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07/25/2022 01:11am EDT SHANGHAI, July 25 (Reuters) - China stocks fell on Monday as domestic COVID-19 flare-ups and global recession concerns weighed on equities, although real estate companies surged as a source told Reuters that Beijing is planning to provide financial support to the sector. The CSI300 index fell 0.8% to 4,203.55 at the end of the morning session, while the Shanghai Composite Index lost 0.7%, to 3,246.70. The Hang Seng index dropped 0.8% to 20,454.69. The Hong Kong China Enterprises Index lost 0.9% to 7,039.86. ** Mainland China reported 800 new coronavirus cases for Sunday. ** Other Asian stocks...