China stocks and yuan tumble as Shanghai tightens security after rare Covid protests across country

An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district. Chinese stocks on Monday (Nov 28, 2022) saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests against strict Covid-19 curbs in the world's second-largest economy, while the yuan weakened versus the dollar. - Reuters

SHANGHAI, Nov 28 (Reuters): Chinese stocks on Monday saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests against strict Covid-19 curbs in the world's second-largest economy, while the yuan weakened versus the dollar.

A US crackdown on Chinese tech giants citing national security concerns also weighed on shares of technology firms.