China stocks post biggest weekly fall in seven weeks on Friday after Covid-19 flare-ups


china-shares-tumble-despite-central-banks-move-to-aid-economy

SHANGHAI, Sept 2 (Reuters): China stocks posted their biggest weekly drop in seven weeks on Friday, as some big cities tightened Covid-19 restrictions to contain fresh outbreaks, clouding the outlook for an economic recovery.

** The CSI 300 Index lost 0.5% on Friday, while the Shanghai Composite Index edged up 0.1%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Finland zoo returns giant pandas to China over cost
Thai durian exports under cadmium scrutiny; govt says contaminated fruit in China did not originate from them
Nacsa bracing for more frequent cyber threats in 2025
China stocks extend stimulus rally as rest of Asia struggles
Thailand has no plans to scrap visa exemption schemes despite proposed new ETA system
Indonesia hails Chinese firm as first foreign investor in troubled new capital
Heavy rain and strong winds expected across Malaysia, MetMalaysia advises caution
Myanmar-Rohingya crisis: US encourages Bangladesh to continue working with Asean
Drunk driver crashes van into city bus in South Korea, injuring 28 people
ADB raises 2024 economic growth forecast for developing Asia, the Pacific

Others Also Read