China stocks fall on COVID flare-ups, property woes

20.07.2022

China stocks closed lower on Tuesday, with foreign investors dumping the most shares in more than a month, as rising COVID cases and fresh property woes clouded the prospect of an economic recovery.

The blue-chip CSI300 index fell 0.5% to 4,269.34, while the Shanghai Composite Index was almost flat at 3,279.43.

The...