China stocks end lower as COVID worries outweigh stimulus promises


China stocks closed down on Thursday as the country's worst coronavirus outbreak since the initial wave in 2020 clouded the economic growth outlook, despite pledges by authorities to roll out more policy support.

The blue-chip CSI300 index fell 1.3%, to 4,209.10 points, while the Shanghai Composite Index lost 1.4% to 3,236.70.