News Snapshot:
Shanghai stocks rose on Thursday, boosted by dropping COVID-19 cases and officials’ repeated promises to help the economy, while gains were limited by higher-than-expected US inflation statistics. At the close of the morning session, the CSI300 index lost 0.1 percent to 3,974.36 points, while the Shanghai Composite Index rose 0.2 percent to 3,063.78 points. The Hang Seng index fell 1.1% to 19,615.77 points. To 6,684.63, the Hong Kong China Enterprises Index fell 1.3 percent. The number of new COVID-19 cases has decreased. On Wednesday, China reported 1,917 new cases, up from 1,927 the day before. China will strive to stabilise...
