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Hong Kong shares jump 4% ahead of Chinese Covid briefing

Hong Kong shares jump 4% ahead of Chinese Covid briefing

Currency control: Asa-Pacific currencies strengthen strongly, driven by the Chinese yuan The onshore and offshore Chinese yuan strengthened against the dollar in the Asian session ahead of a news conference on Covid measures. The greenback lost 1.09% against the offshore yuan and 0.65% against the land yuan, both trading around the 7.16 levels. The offshore …

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Hong Kong shares rise nearly 4% in Asia session;  The Covid situation in China remains at the center of concerns

Hong Kong shares rise nearly 4% in Asia session; The Covid situation in China remains at the center of concerns

Chinese clues appear ahead of Covid briefing Indices in China jumped more than 2% as investors closely watched developments in the national zero-Covid policy after posting losses in the previous session. The Chinese CSI 300 index rose 2.97% during the morning session, while the Shanghai composite climbed 2.2%. The Shenzhen Component The index gained 2.172%. …

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