The Hang Seng index, the Hong Kong stock exchange, rose more than 1,000 points as investors continued to expect it China plans to phase out its Zero-Covid policy. and eventually it will open up the country
At 12:19 Thai time, the Hang Seng Index rose 1,095.09 points, or + 7.14%, to 16,434.58 points.
The Hang Seng index rose strongly. Driven by Technology Stocks After Mr. Hao Hong, a famous economist, tweeted it Chinese authorities are forming a committee to consider opening up the country. and is reviewing COVID-19 data overseas to assess whether the country is open AND China aims to loosen COVID-19 control regulations in March 2023.
The news was enthusiastically received by investors. Although China’s National Health Commission (NHC) insists it adheres to its zero tolerance policy. Investors still believe the news is true.
By InfoQuest News Agency (04 Nov 65)
