Bears re-enter China stock markets on US inflation spectre

13.05.2022

China stocks closed lower in volatile trade on Thursday, as higher-than-expected U.S. inflation in April sapped sentiment, despite declining COVID-19 cases and authorities' repeated vows to support the economy.

The blue-chip CSI300 index fell 0.4% to 3,958.74, after rising as much as 0.2% in early afternoon trade, while the Shanghai Composite...