Hong Kong-listed BYD shares opened with a 10% dip after authorities launched an investigation into pollution claims and alleged health issues near its Changsha city factory

The figures, showing the biggest monthly drop in more than two years, coincide with the prolonged Covid lockdown in Shanghai and many other cities

The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28

China is likely to meet its 5.5% GDP growth target for this year, the People's Daily said on Tuesday, although foreign and independent analysts say this will be difficult to achieve

Experts say the zero-Covid policy is needed to help boost vaccination rates and develop new treatments as about 49 million people over 60 are still unvaccinated

The power transfer puts the spotlight on the growing expertise of the local workforce, though major decisions and key tasks are still undertaken at Apple's headquarters in California

China blue-chips fell as trade data highlighted impact of Beijing’s strict Covid restrictions and lockdowns on world’s No-2 economy

Ian Goodfellow, Apple’s director of machine learning, wrote to his staff that ‘more flexibility would have been the best policy’ for the team

The Chinese capital is seeking to avert the fate of Shanghai, where millions of residents have been locked down for over a month

The steep sales decline was caused by swingeing lockdowns that shuttered production sites and sales outlets.

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing

The trend comes as the Politburo said China would "fight any comments and actions that distort, doubt or deny" the country's Covid-19 response policy