Bears clutch China stock markets on bug busters interventions


China stocks closed lower on Thursday, as bleak industrial profit figure and widening COVID-19 outbreaks weighed on sentiment, while Hong Kong shares followed Asian markets higher amid hopes global central banks will slow monetary tightening.

China's blue-chip CSI300 index fell 0.7%, to 3,631.14 points, while the Shanghai Composite Index lost 0.6%...