Hong Kong, China stocks retain weekly gains as rising Covid-19 infections cloud reopening outlook


Source: scmp.com scmp.com

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Hang Seng gain 0.4 per cent at midday break, on track for third weekly advance Top infectious disease experts in Hong Kong warned a fourth wave of Covid-19 infections has started Markets in Hong Kong and across the Asia-Pacific region are in rangebound trading as investors take stock of recent rally. Concerns about coronavirus infections and lockdowns are clouding the near-term outlook. Hong Kong stocks gained on Friday as technology stocks rebounded, while rising cases of global coronavirus infections damped sentiment and traders reassessed the market rally over the past three weeks. The Hang Seng Index rose 0.4 per cent...