Covid-19 lockdown hits China shares, Apple sinks on factory shutdown, oil continue to fall Fintech Zoom World Finance

Covid-19 lockdown hits China shares, Apple sinks on factory shutdown, oil continue to fall European markets have made a steady start to the week, despite events in Ukraine and a sharp sell-off for China-focused shares. The Hang Seng index lost more than 4% in Hong Kong after officials in China’s tech-hub city of Shenzhen imposed a new week-long lockdown to combat the spread of Covid-19 . Oil prices, meanwhile, continue to fall back on hopes that Opec and other producers can ramp up supplies to offset the disruption caused by Russian sanctions. 100 Live Monday Oil price extends losses, 100…