SHANGHAI: China stocks fell on Monday amid heightened geopolitical tensions around the Taiwan Strait, and a slump in ChatGPT-related shares damped sentiment.
But the first batch of blue-chips to float under a U.S-style listing system surged on their debut.
The Hong Kong market is closed for the Easter holiday.
The blue-chip CSI300 Index fell 0.5%, while the Shanghai Composite Index dipped 0.4%.
Risk appetite was curbed by a flare-up in geopolitical tensions, after China’s military simulated precision strikes against Taiwan in a second day of drills around the island on Sunday.
China began three days of military exercises after Taiwan President Tsai Ing-wen returned from a brief visit to the United States.
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