Tesla was among those hit hard as sales in the world's biggest car market dived 11.7% in March from a year earlier in the first decline in three months

Chinese stocks suffered their biggest fall in a month as Covid restrictions and inflation worries weighed heavily on investors

The decision was taken because of fear of secondary sanctions from the US after Russia’s invasion of Ukraine, Forbes Russia said, citing Russian media.

Chinese oil giant CNOOC said on Monday it will raise 28.08 billion yuan ($4.4 billion) in a listing in Shanghai, after setting the price for what will be the mainland 11th-biggest public stock offering

The southern Chinese city of Ningde, where CATL is headquartered, has tightened prevention and control efforts because of a spate of Covid-19 cases, the company said

Some areas are struggling to find food and medicine after spending more than three weeks locked down in China's battle to contain its biggest outbreak since the coronavirus was discovered

EV makers in China produced far fewer cars than expected in March, due to measures taken to control Covid, but they have been selling from stockpiles to enable deliveries

The surge in raw materials costs is hobbling economies worldwide and in China has raised questions about just how much its central bank will be able to ease monetary policy

Shares in the country's 30th-largest developer slid 10% in Monday morning trade while its bond prices also tumbled

Market data shows foreign investors sold a net 38.4 billion yuan ($6.04 billion) of Chinese stocks and bonds in the January-March period, one of the highest such quarterly figures on record

Beijing said the country's pandemic prevention and control is "scientific and effective," as it fights the worst outbreak since the virus first emerged in 2019

Many farmers and agribusinesses in Jilin, a northeastern province of over 24 million people, have complained of difficulties in securing supplies