SHANGHAI—More than a dozen Chinese-listed companies said they had suspended production in coronavirus-hit parts of China’s eastern Zhejiang Province in response to local government’s tightened COVID-19 curbs, causing their share prices to plunge.
Zhejiang reported a total of 173 locally transmitted cases with confirmed symptoms during the Dec. 6–12 period, official numbers showed on Monday, marking the province’s first domestic cluster outbreak this year.