China stocks slump most in a month as COVID curbs, inflation woes weigh

12.04.2022

Chinese shares posted their biggest drop in nearly a month on Monday hit by COVID-19 curbs and worries over an inversion in the 10-year spread between domestic and U.S. yields, high domestic factory-gate and consumer inflation.

The blue-chip CSI300 index fell 3.1% to 4,100.07, and the Shanghai Composite Index lost 2.6%...