The Shanghai Composite Index, China’s stock market closed lower today. As investors worry that the number of people infected with COVID-19 A steady rise in China’s stock market could prompt the government to impose additional lockdown measures, a slowdown in Asian stock markets also weighed on trading sentiment in markets China stock.
The Shanghai Composite Index closed at 3,115.43 points, down 4.55 points or -0.15%.
China’s National Health Commission (NHC) said on Wednesday (Nov. 17) that China reported 23,276 new COVID-19 cases on Wednesday, of which 2,388 were symptomatic and 20,888 were asymptomatic.
The number of new infections rose on Wednesday from 20,199 on Tuesday, of which 1,623 were symptomatic and 18,576 asymptomatic.
Although China continues to follow the policy of Zero COVID-19 in accordance with the guidelines of President Xi Jinping, the situation of the epidemic of COVID-19 In China, there is no easing trend. As a result, financial markets are worried that China may resume strict lockdown measures again. This will further weaken the global economic outlook.
