China markets tank as protests erupt over Covid lockdowns | CNN Business

Hong Kong CNN Business  — 

China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment.

Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It was last down 3.5%. The Hang Seng (HSI) China Enterprises Index, a key index that tracks the performance of mainland Chinese companies listed in Hong Kong, tumbled 3.6%.

In mainland China, the benchmark Shanghai Composite fell 1.5%, and the tech-heavy Shenzhen Component Index dropped 1.6%.

The

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