Bears clutch China stock markets as bug keeps lurking

07.07.2022

China and Hong Kong stocks dropped on Wednesday as the country continued to grapple with COVID-19 flare-ups, while energy shares tracked a sell-off in the global oil market.

The blue-chip CSI300 Index lost 1.3% by the lunch break, while the Shanghai Composite Index also fell 1.3%. In Hong Kong, benchmark Hang...