Hong Kong stocks surge on China reopening rumors
Money Talks
English - November 04, 2022 09:07 - 3 minutesBusiness News Business News business money finance banking currency stocks politics economy economics analysis Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Hong Kong stocks rose 7% on Friday, with tech and consumer cyclical stocks driving the surge. That's amid China reopening rumors, and a report that US inspections of Chinese company audits were completed more quickly than expected.
For more on Chinese economy, we spoke to Jameel Ahmad. He is the chief market analyst for MENA region at Alpari.
#China #ChineseEconomy #AsianShares