Employees on the production line of Kent bicycles at Shanghai General Sports in Kunshan on February 22, 2019. Photo: Reuters
Employees on the production line of Kent bicycles at Shanghai General Sports in Kunshan on February 22, 2019. Photo: Reuters
Shanghai
Business /  China Business

Taiwan’s stocks suffer market jolt as China’s zero-Covid policy and lockdown disrupt supply chains from PCs to vehicles

  • The shares of Hon Hai Precision Industry, Pegatron Corp, Quanta Computer, Compal Electronics and AU Optronics retreated by 8.5 per cent on average in April
  • Their declines erased a total of NT$118 billion (US$4 billion ) in market capital

Ann Cao
Ann Cao in Shanghai

Updated: 3:48pm, 3 May, 2022

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Employees on the production line of Kent bicycles at Shanghai General Sports in Kunshan on February 22, 2019. Photo: Reuters
Employees on the production line of Kent bicycles at Shanghai General Sports in Kunshan on February 22, 2019. Photo: Reuters
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