A duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: XinhuaA duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: Xinhua
A duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: Xinhua

Shanghai Composite Index tumbles the most since China imposed coronavirus lockdowns five months ago

  • Hong Kong stocks see steep losses; SMIC plunges 25 per cent, while its A shares debuting on the mainland shoot up more than 200 per cent
  • Kweichow Moutai falls the most in 20 months

Topic |   Hang Seng Index
A duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: XinhuaA duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: Xinhua
A duty-free shop in Haikou, capital of China’s southern Hainan province. Consumer demand is still weak after the coronavirus roiled China’s economy and led to lockdowns earlier this year. Photo: Xinhua
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