Asian stocks surge on China reopening rumors, stimulus measures By Investing.com

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⚠️BREAKING: *ASIAN STOCKS SURGE ON CHINA REOPENING RUMORS, STIMULUS MEASURES 🇨🇳 🇭🇰 🇯🇵 🇰🇷

New social media rumors suggested that Beijing was considering acquiescing to recent civilian protests and scaling back its strict zero-COVID policy. The policy was the subject of countrywide protests over the weekend, amid growing public ire towards COVID-linked restrictions.

The rumors suggested that Beijing will announce an end to the zero-COVID policy by focusing on the low fatality rate of recent outbreaks. But China is still grappling with record-high daily increases in infections, which saw the reintroduction of curbs over the past two months.to provide more guidance on the country's anti-COVID policies., after the government lifted a ban on equity financing in the sector. The move opens up a new line of funding for the beleaguered sector, which also counts for around a fourth of the Chinese economy.

Optimism over the real estate move and the prospect of a Chinese reopening helped markets look past concerns over anti-government protests in the country. But the protests also appeared to have simmered down after an escalation over the weekend.

 

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It's a backtest. $HSI 🇨🇳🇭🇰

Fake

Buy the rumor...🚀

Just killed my puts.

Thaanks a millon

え?日本は下がってたよ?😅

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