(MENAFN- Saudi Press Agency) Shanghai, August 16, 2022, SPA -- China 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, Reuters reported.
The blue-chip CSI300 index fell 0.2%, while the Shanghai Composite Index gained 0.1%.
The Hang Seng index fell 1.1%, while the China Enterprises Index lost 1.3%.
Other Asian equity markets struggled for direction, hampered by worries over global growth following weak China data.
Most industry sectors slipped, with healthcare and non-ferrous metal down more than 1%.
Real estate developers listed in the mainland rose 1.6%, while mainland developers traded in Hong Kong jumped nearly 6%.
--SPA
12:49 LOCAL TIME 09:49 GMT
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