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Chinese stocks: Best opening in years with 80% rally
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Hong Kong stocks jump 4% ahead of China’s Covid briefing

Stocks in Hong Kong led gains in the Asia-Pacific alongside Chinese indexes after media reports said China’s state council will hold a press conference at 3 p.m. Beijing time.

Hong Kong’s Hang Seng index jumped 4.14% in the afternoon session, with the Hang Seng Tech index rising past 6%. In mainland China, the Shanghai Composite climbed 2.1% and the Shenzhen Component added 2.23%.

The CSI 300 index, which tracks the largest mainland-listed stocks, climbed nearly 3% as the nation’s Covid cases on Monday were lower than Sunday’s count, the first decline since Nov. 19.
Hong Kong stocks jump 4% ahead of China’s Covid briefing
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