The Shanghai Composite Index, China’s stock markets opened lower today. As investors worried about the impact of China’s lockdown on some areas in Shanghai to curb the spread of COVID-19. And investors keep an eye on China’s key economic data this week.
The Shanghai Composite Index opened at 3,224.21, down 31.34, or -0.96%.
Shanghai orders lockdown in Minhang district which is located in the southwest of Shanghai and carpeting for COVID-19 testing Big time in many districts over the past weekend. This puts people at risk of being told to stay at home for up to two weeks if an infection is detected.
In the morning of Wednesday, June 15, the Chinese authorities are scheduled to reveal May industrial production, May retail sales, May fixed asset investment. and the unemployment rate in May