China stocks climb on drop in new virus cases, hopes for more stimulus
Chinese shares
climbed on Monday on a drop in new coronavirus cases in the
country and hopes for more stimulus to counter the outbreak’s
economic impact.
** By the midday break, the Shanghai Composite index was
up 0.7% at 2,828.13 points, as investors also awaited the
rescheduled date for the parliament’s key annual meeting.
climbed on Monday on a drop in new coronavirus cases in the
country and hopes for more stimulus to counter the outbreak’s
economic impact.
** By the midday break, the Shanghai Composite index was
up 0.7% at 2,828.13 points, as investors also awaited the
rescheduled date for the parliament’s key annual meeting.
Posted by Reuters
