China stocks rise as Shanghai says ‘victory’ against COVID getting closer


Source: rocketnews.com rocketnews.com

Key Topics in this News Article:

News Snapshot:

Breadcrumb Trail Links PMN Business Author of the article: Article content SHANGHAI — China stocks rose on Friday as Shanghai said it aimed to reach the zero-COVID level in areas outside its tightly regulated quarantine zones this month, while authorities’ pledges to support the economy also lifted sentiment. The blue-chip CSI300 index rose 0.8% to 3,988.60, while the Shanghai Composite Index gained 1% to 3,084.28 points. ** For the week, the CSI300 index gained 2%, its biggest jump in six weeks since Shanghai entered a city-wide lockdown, while the Shanghai Composite Index climbed the most in three months, up 2.8%....