Chinese stocks fell as the threat of new Covid restrictions and a renewed regulatory offensive against big tech companies sapped investor confidence.
Hong Kong Chinese stocks fell on Monday as the threat of new Covid restrictions and a renewed regulatory offensive against big tech companies sapped investor confidence.
Casinos in the gambling hub of Macao were ordered to close for the first time since February 2020 because of a Covid outbreak, sending shares of their operating companies plunging, and fears of new lockdowns in Shanghai undermined the broader China market.
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