The Chinese equity markets have been under pressure of late, exacerbated by rising COVID-19 cases in the country. After Shanghai, Beijing's lockdown has sent fresh shockwaves worldwide and significantly dampened investor sentiment.
According to Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, "There is concern that prolonged lockdowns will hit employment and lead to a sharp slowdown in growth, sparking fresh shipping logjams and supply chain issues."
