Hang Seng Index briefly recoups all losses triggered by Covid-19 sell-off, Wuhan lockdown amid record mainland China fund inflows

//Hang Seng Index briefly recoups all losses triggered by Covid-19 sell-off, Wuhan lockdown amid record mainland China fund inflows

Hang Seng Index briefly recoups all losses triggered by Covid-19 sell-off, Wuhan lockdown amid record mainland China fund inflows

Hong Kong stocks briefly recouped all the losses since China locked down Wuhan last year that precipitated one of the biggest global financial market meltdowns, as appealing valuations and a raft of technology stock listings powered the world’s fourth-largest equity market.The Hang Seng Index climbed as much as 0.5 per cent to 28,414.54 on Wednesday, before paring gain. A close above 28,341.04 level would erase all the losses since January 22 last year, a day before China cooping-up of Wuhan,…

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By | 2021-01-13T02:52:34+00:00 January 13th, 2021|Business|Comments Off on Hang Seng Index briefly recoups all losses triggered by Covid-19 sell-off, Wuhan lockdown amid record mainland China fund inflows