China stocks fall amid COVID flare-ups, even as Taiwan tensions ease


Source: marketscreener.com marketscreener.com

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SHANGHAI, Aug 12 (Reuters) - China stocks slipped on Friday as domestic COVID-19 cases rose sharply, though the blue-chip index snapped a five-week losing streak as geopolitical tensions over Taiwan eased. Hong Kong shares rose, led by tech plays. ** The CSI300 index lost 0.1%, but rose 0.8% for the week, after posting five consecutive weekly losses. The Shanghai Composite Index fell 0.2%. ** In Hong Kong, both the Hang Seng index and the Hong Kong China Enterprises Index added 0.5%. ** Daily caseload for COVID-19 has risen to more than 2,000 in recent two days from around 1,000 earlier....