COVID-19 outbreak: Chinese stocks hit four-week lows as cases spread and factory output slashed
Investors’ mood was also hit by new official data from China that showed factory activity continued to shrink in the world’s second-largest economy after severe Covid-19 lockdowns and a record heat wave. Mainland China standard Shanghai Composite Index (Schcombe) It fell 0.8% to close at a four-week low. So far this year, the index is …