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The latest surge in Covid-19 cases in China has affected its stock market adversely. On March 7, Chinese stock market fell to a 20-month low as the country reported the highest number of daily new local symptomatic Covid-19 infections in about two years. The Shanghai Composite which stood at 3,447 on March 4 slipped to its lowest in 20 months at 3,372 on March 7. Since then, the Chinese stock index has lost 228 points or 6.61 per cent to 3,219 till date. Mainland China on March 7 reported 214 new cases of infection over the previous 24 hours.

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