Hong Kong stocks rise as Chief Executive John Lee announces more Covid easing measures

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Hong Kong's Hang Seng index led gains in the region as Chief Executive John Lee announced further easing of Covid measures in the city.

Hong Kong-listed shares of Chinese EV makerdropped 9.11% in Asia trading hours after the company lowered its fourth quarter delivery outlook, citing supply chain disruptions from Covid outbreaks in major Chinese cities.

South Korea's export growth in December is expected to mark the third month of annualized drop, according to economists polled by Reuters. Economists expect the country's import growth in December to have dropped 0.6%, resulting in a trade deficit of about $6.7 billion.Bank of Japan says yield curve tolerance adjustment doesn't mean monetary policy change

 

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