Investors look at computer screens showing stock information at a brokerage house in Shenyang in pre-pandemic days. Photo Reuters
Investors look at computer screens showing stock information at a brokerage house in Shenyang in pre-pandemic days. Photo Reuters

China stocks falter as PBOC move disappoints, growth trails official target, banks slump

  • Stocks closed near a one-week low as financials and raw-material producers paced losses after PBOC withheld firepower in last week’s easing
  • GDP report showed growth trailed official target pace as Covid-19 lockdowns unsettled investors

Investors look at computer screens showing stock information at a brokerage house in Shenyang in pre-pandemic days. Photo Reuters
Investors look at computer screens showing stock information at a brokerage house in Shenyang in pre-pandemic days. Photo Reuters
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