China In-Focus — Stocks end lower; Toyota suspends operations at Sichuan plant

Follow-ups -eshrag News:

Tue, 2022-08-16 13:58

RIYADH: China’s blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic growth, although property stocks jumped on news of policy support.

The blue-chip CSI300 index fell 0.2 percent, while the Shanghai Composite Index .SSEC gained 0.1 percent.

The Hang Seng index fell 1.1 percent, while the China Enterprises Index lost 1.3 percent.

Toyota suspends operations

Toyota Motor Corp. suspended operations at its Sichuan plant in China because of a power shortage, the Kyodo News reported on Tuesday.

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Business & Economy

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