Raging bug subdues China stock markets


China stocks closed lower on Tuesday as COVID-19 cases in the country surged to a half-year high and as some investors booked profits after a recent rally.

The blue-chip CSI 300 Index ended 0.7% lower, while the Shanghai Composite Index fell 0.4%.

The Hang Seng Index slipped 0.2%, while the Hang Seng...