Chinese Stocks Hit Three-Month Low Amid Persistent Economic Concerns

Chinese stocks continued to decline, hitting a three-month low, despite government efforts to stabilize markets. Concerns over economic recovery and geopolitical tensions persist, affecting investor sentiment. Major indices, including the CSI 300 and Hang Seng, experienced losses, particularly in consumer staples and liquor distiller sectors.

On Monday, Chinese stocks fell to their lowest in three months as government interventions failed to quell worries about economic recovery and geopolitical tensions.

The blue-chip CSI 300 index fell 0.2%, continuing last week's 5.2% drop, while the Shanghai Composite also saw a slight decline. Consumer staples and liquor distiller sectors led the losses.

Hong Kong's Hang Seng Index dipped 0.4%, reflecting fragile investor sentiment concerning China's economic outlook and geopolitical risks, particularly involving the U.S.

(With inputs from agencies.)