China and Hong Kong Stocks Fall as CATL Slumps
China and Hong Kong shares fell despite a broader recovery in Asian equities, with weaker profit growth at CATL and consumer-sector concerns weighing on sentiment. The CSI 300 was down 0.7%.
By Summer ZhenChina and Hong Kong stocks fell on Wednesday despite a broader recovery in Asian shares, as weaker profit growth in index heavyweight CATL and growing worries over the health of the consumer sector weighed on sentiment.** China's blue-chip CSI300 Index SZSE:399300 dropped 0.7% by the…