The Shanghai Composite Index, China’s stock market, closed higher today. In response to reports that China has announced it is easing measures to control the COVID-19 disease in many major cities and the number of people infected with COVID-19 has continued to decline. This gives investors hope that China will soon end its zero-covid policy.
The Shanghai Composite Index closed at 3,212.53 points, up 0.72 points, or +0.02%.
Beijing, the capital of China, has lifted the requirement for citizens to show COVID-19 test results. Be negative before using the service in a public place. After many major cities in China from Shanghai, the financial center of China to Shenzhen, China’s technology hub. has previously announced the termination of these provisions
China’s National Health Commission (NHC) said on Monday it had reported 27,164 new cases of COVID-19, a drop from Monday. From 29,171 on Sunday (December 4), the number of infections has dropped for eight consecutive days since it reached a record high of 38,808 on November 27.
